Dow Jones Top Markets Headlines at 1 PM ET: The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge. | U.S. ...

Dow Jones Top Markets Headlines at 1 PM ET: The rise in interest rates hit a 'raw nerve' at the White House.…

Treasury Secretary Bessent doubles long-term Treasury buybacks amid rising rates as U.S. debt exceeds $40 trillion. Higher rates constrain IT capex and cloud budgets; inflation persistence signals weaker M&A valuations and higher vendor costs for enterprise.