US 30-Year Bonds Erase Gains From Treasury’s Buyback Surprise
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt, a sign that investors see it as only a short-lived remedy to curb borrowing costs. Jonathan Levin, Bloomberg Opinion Columnist, reacts to the treasury market moves. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- US 30-Year Bonds Erase Gains From Bessent’s Buyback Plan bloomberg.com