๐Ÿ’ตUS Bond Intervention Bessent has become the most interventionist US Treasury chief in decades, BBG

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๐Ÿ’ตUS Bond Intervention

Bessent has become the most interventionist US Treasury chief in decades, BBG reports.

Yesterday, the US Treasury doubled purchases of โ€œlongโ€ bonds to curb extremely high government bond yields. Trump urged Americans not to worry about bond-market volatility. Experts identified the Treasuryโ€™s red line as a 5.30% yield on 30-year bonds.

โœ…@futures
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