Topic
Federal deficit
Scott Bessent's Treasury bond intervention fails as yields stay high
Despite doubling its monthly bond buybacks to $4 billion, the U.S. Treasury failed to curb long-term yields as 30-year rates returned to 5.28%.
Despite doubling its monthly bond buybacks to $4 billion, the U.S. Treasury failed to curb long-term yields as 30-year rates returned to 5.28%.