In a CNBC exclusive, U.S. Treasury Secretary Scott Bessent says he could expand a bond buyback plan, but yields march higher despite the extraordinary action.

"They can intervene again and they can push back. But ultimately, it’s going to be policy that dictates where you’ll go in the long term. We’re talking about the symptoms again,…

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

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