The crisis in the Treasury market
O marqueteiro político James Carville disse certa vez que, se houver reencarnação, ele gostaria de voltar ao plano terreno como o bond market, porque “ele intimida todo mundo”. Agora, o bond market está intimidando o próprio Secretário do Tesouro, Scott Bessent. Um dia depois de Bessent anunciar que aumentará as recompras dos Treasuries de 10, […] The post A crise no mercado de Treasuries…
US Treasury Secretary Scott Bessent announced an increase in buybacks of 10, 20, and 30-year Treasuries, aiming to push down long-term interest rates. However, yields rose again, with 30-year Treasury yields reaching 5.25% and 10-year yields at 4.7%, near their highest levels since 2007. Bessent attempted to calm market anxieties, stating that investors should ignore short-term "noise" and announcing a plan to focus on fiscal consolidation.
The US public debt has surpassed $40 trillion, with the deficit remaining around 6% of GDP, or over $2 trillion this year.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
