US 30-Year Bonds Erase Gains From Bessent’s Buyback Plan
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
