Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength

Treasury Secretary Bessent doubled the buyback cap to $4 billion per operation, but the 30-year yield snapped back within a day as analysts call

Yields on 30-year US government debt rise

By Victor Reklaitis and Greg Robb

By Joy Wiltermuth and Joseph Adinolfi

US Treasury Secretary Scott Bessents bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Investors remain focused on the wider…