Treasury yields surge after Bessent’s beefed-up buyback operation fails to calm market
The Treasury market’s painful rout intensified Thursday, after an underwhelming auction of 30-year U.S. government debt and Treasury Secretary Scott Bessent’s first beefed-up buyback operation.
The Treasury market’s painful rout intensified Thursday, after an underwhelming auction of 30-year U.S. government debt and Treasury Secretary Scott Bessent’s first beefed-up buyback operation. This story matters for Finance & Markets readers tracking trade. Reported by marketwatch.com. Read the full original at the source link below.
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