Source: Market Watch News Agency
1 month ago•
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Bessent tapping Treasury's rainy-day fund for buybacks isn't a ‘bazooka' to get markets to move his way

Bessent tapping Treasury's rainy-day fund for buybacks isn't a ‘bazooka' to get markets to move his way

Bessent's move “does not change anything. It just reduces the cash that Treasury has on deposit,” one analyst says.
Source: Market Watch
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