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