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‘The Treasury Is Watching’: Bessent’s Buybacks Jolt Bond Market

August 19, 2026 at 05:08 PM

Paywall

A surprise US Treasury announcement on Wednesday is the most concrete evidence yet that the recent selloff in long-dated debt is concerning to Secretary Scott Bessent.

A surprise US Treasury announcement on Wednesday is the most concrete evidence yet that the recent selloff in long-dated debt is concerning to Secretary Scott Bessent.

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