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Treasury Secretary Scott Bessent Talks Bonds, Gold and China | Bloomberg Talks

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February 20, 2025

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Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include elevated inflation and the Federal Reserve’s quantitative tightening program.

“That’s a long way off, and we’re going to see what the market wants,” Bessent said in an interview with Bloomberg Television’s Bloomberg Surveillance on Thursday, when asked about “terming out” sales of US Treasuries sales. “It’s going to be path dependent.”

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Treasury Secretary Scott BessentFederal ReservesBloomberg Televisions Bloomberg SurveillanceUS TreasuriesBloomberg TalksBloomberg News HearOn Bloomberg TalksBloomberg Talks Subscribe

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