U.S. Treasury Secretary Scott Bessent has pushed back against concerns over turbulence in the U.S. government bond market, arguing that elevated yields and worries about rising debt do not reflect the underlying strength of the U.S. economy or its fiscal outlook, Reuters reported.
In an interview with Reuters on Sunday, Bessent said the performance of the U.S. Treasury market did not indicate significant investor unease. He maintained that the U.S. bond market had performed strongly compared with its global peers this year.
