Business2h ago
Scott Bessent dared the $32 trillion bond market with ‘I am the house now’ statement. It didn’t listen
After helping lift the yen, Bessent is finding the much larger Treasury market harder to tame as yields push toward 5%.
This story was originally reported by Fortune. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (1)
Treasury yields continue to rise even as Bessent doubles down on bond buybacks
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