The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge.

U.S. to Buy Back More Longer-Term Bonds

Latest minutes show 'many' central bankers favour raising rates if inflation does not ease

Scott Bessent is breaking the glass to check rising bond yields, but the fix is flawed.

Yields on 30-year US government debt rise

By Victor Reklaitis and Greg Robb