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Scott Bessent targets bond market reform after criticizing predecessor's approach
Treasury Secretary Scott Bessent doubled long-dated bond buybacks to $4B per operation as yields hit 19-year highs and US debt topped $40
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cnbc.com
Bessent says Treasury buyback operation could be more than $4 billion
Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.
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cryptobriefing.com
Treasury rout restarts after Bessent's buyback plan fails to calm bond market
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
