Source: Bloomberg Markets and Finance News Agency
1 month ago•
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Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise

Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise

US Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Ira Jersey, Chief US Interest Rates Strategist for Bloomberg Intelligence, discusses the move.
Source: Bloomberg Markets and Finance
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