Author name: Ricky Vasquez

Bessent deploys debt buybacks in sign of concern over yield rise

US Treasury Secretary Scott Bessent made a fresh attempt to rein in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Processing Content Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it’s “increasing, by at least double, the size of liquidity support buyback […]

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