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US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strength
U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic growth is boosting the countrys fiscal health. In defense of the Treasury's increased bond buyback initiative, Bessent pointed to larger international interventions as a valid reason for this approach. The expanded buyback operations are set to commence in September.
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cryptobriefing.com
Scott Bessent's plan to tame US borrowing costs keeps running into the bond market's brick wall
Treasury Secretary Scott Bessent doubles Treasury buybacks to $4B per operation as 30-year yields hit 5.3%, but the bond market remains
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economictimes.indiatimes.com
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strength
U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic growth is boosting the countrys fiscal…