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Benzinga
Benzinga
Business
Snigdha Gairola

Treasury Doubles Bond Buybacks to $4 Billion — Market Strategist Slams Scott Bessent, Says It’s ‘Debt Reshuffling, Not Debt Reduction’ as Yields Surge

Scott Bessent Charlie Bilello Gold the Treasury Department
Us,Treasury,Secretary,,Scott,Bessent,Walking,To,A,Interview,At

The U.S. Treasury doubled its debt buybacks to support the bond market as long-term yields rose, but investment firm Creative Planning‘s Chief Market Strategist Charlie Bilello said the move did not reduce the nation’s overall debt.

Treasury Doubles Bond Buybacks

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