Source: Bloomberg Markets and Finance
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Can Bessent's Bond Buyback Work?
Stephanie Roth, Chief Economist at Wolfe Research, joins Scarlet Fu on "Bloomberg Real Yield." US Treasuries fell a day after the Trump administration's surprise decision to increase buybacks of longer-dated bonds, showing the move did little to counter angst about the surging government debt that pushed some yields to a 19-year high.
Source: Bloomberg Markets and Finance
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