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30-Year Reverses Gains, Bessent Makes Moves | Bloomberg Businessweek Daily 8/20/2026
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August 20, 2026
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51:58Now PlayingMarket Participants are warning that a unpredictability in the Treasury's strategy could portend higher borrowing costs. Treasury Secretary Scott Bessent is warning against any panic in the market. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg News Rates Reporter Michael Mackenzie break down what's been going on in the yield market, and the what the impact of the Treasury's buyback plan may be. Then, Bloomberg Intelligence Senior Analyst for E-Commerce and Retail Poonam Goyal reacts to Walmart's earnings report that send the stock tumbling in its worst day of trading since 2022. Plus, Amy Rubenstein -- CEO of Clear Investment Group -- discusses the current demand in the housing market and how new constructions demand is being impacted by the labor market. Finally, Wells Fargo Industry Insights Head Robin Wenzel talks about how GLP-1s are changing the US healthcare system.
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