Treasury Secretary Bessent says expanded buyback program aimed at quelling bond market 'fever'
Treasury Secretary Scott Bessent stated that his move last month to expand a buyback program for older US government securities was aimed at quelling a 'fever' in the bond market, with observers noting the intervention occurred despite no major volatility or liquidity issues.
Detected & updated continuously · Source: Nebula
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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 https://t.co/BPDU7z6l71
@btcjvs
What was wild about Bessent intervening was: No major volatility issues No major liquidity issues the yield curve isn’t even that steep Equities a few % of all-time high Q3 estimated Real GDP is 4.7%