The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent doubled down on his department's intervention in the bond market, saying the Treasury could make additional moves and that its buybacks may be bigger than what was initially announced.
U.S. Stocks Slide as Bond Yields Rebound
U.S. stocks fell as the brief calm in the bond market evaporated.
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