The Latest Breaking News from Bessent

Two Top Banks Say The Treasury's Strategy To Buy Back Bonds Won't Bring Down Yields

"We think the buybacks themselves are unlikely to meaningfully reset rate levels even if scaled up," said Goldman Sachs strategists.

International Business Times · Aug 25

The Treasury Could Reportedly Dip Into The Massive Treasury General Account To Fund Bond Buybacks

Treasury Secretary Scott Bessent announced last week the doubling of bond buybacks, but concerns returned quickly.

International Business Times · Aug 24