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Treasury’s Buybacks vs Market Fears | Durham News
Treasury Secretary Scott Bessent’s bold move to double debt buybacks aimed to calm jittery bond markets, but the effect was mixed—yields dipped then rebounded, inflation expectations surged, and investors are now watching Fed Chair Kevin Warsh’s Jackson Hole speech for clues on future policy. With U.S. debt hitting $40 trillion and foreign demand waning, the battle between Treasury liquidity efforts and Fed inflation control is heating up, and bond markets are poised to react sharply to Warsh’s next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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