Source: Yahoo Finance
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Forget the Fed put. Meet the Bessent put.
Treasury Secretary Scott Bessent is signaling that the government is willing to get more aggressive as long-term bond yields remain elevated, but investors are debating how much power Treasury actually has to change the market. Yahoo Finance Senior Reporter Jennifer Schonberger and Crossmark Global Investments Chief Market Strategist Victoria Fernandez join Executive Editor Brian Sozzi to break down what Schonberger calls the "Bessent put," Treasury's willingness to expand long-duration bond buybacks, and why the move may be more important as a signal to markets than as a direct intervention.
Source: Yahoo Finance
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