💵US Bond Intervention
Bessent has become the most interventionist US Treasury chief in decades, BBG reports.
Yesterday, the US Treasury doubled purchases of “long” bonds to curb extremely high government bond yields. Trump urged Americans not to worry about bond-market volatility. Experts identified the Treasury’s red line as a 5.30% yield on 30-year bonds.
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💵US Bond Intervention Bessent has become the most interventionist US Treasury chief in decades, BBG
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