Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise
2 sources·Updated August 19, 2026
Covered by 2 sources
- CNBC Top News·6h agoBessent moves to curb Treasury yields, putting new pressure on Warsh's Fed
Treasury's move to buy back more long-term debt cooled a bond selloff, but economists warn it could raise new inflation and independence questions for the Fed
Read at CNBC Top News → - Bloomberg Markets·13h agoBessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise
US Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down.
Read at Bloomberg Markets →