U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longer-dated Treasury bonds.
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Bessent says buybacks of 30-year Treasuries could exceed $4B
The Trump administration's plan to crush Iran's economy will likely negate the need for further U.S. military operations, Treasury Secretary Scott Bessent said.
Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.