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Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise
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August 19, 2026
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6:29Now PlayingUS Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down.
Ira Jersey, Chief US Interest Rates Strategist for Bloomberg Intelligence, discusses the move.
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