Source: CNBC News Agency
1 month ago•
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Bessent moves to curb Treasury yields, putting new pressure on Warsh's Fed

Bessent moves to curb Treasury yields, putting new pressure on Warsh's Fed

Treasury said it would increase buybacks of long-term debt after a selloff pushed yields to uncomfortable levels. The move aligns with Bessent's long-running focus on lowering the 10-year Treasury yield.
Source: CNBC
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