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Bessent Says Buyback Move Was Aimed at Quelling Market ‘Fever’

Bessent Says Buyback Move Was Aimed at Quelling Market ‘Fever’

Key Highlights

  • Treasury Secretary Scott Bessent said his move last month to expand a buyback program for older US government securities was aimed at quelling a “fever” in the bond market.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Treasury Secretary Scott Bessent said his move last month to expand a buyback program for older US government securities was aimed at quelling a “fever” in the bond market.

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Reported by Yash Roy · Syndicated via official news feed

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