Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs.

Treasury's move to buy back more long-term debt cooled a bond selloff, but economists warn it could raise new inflation and independence questions for the Fed

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