US treasury to buy back $6bn in government debt to alleviate bond market
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis US politics live – latest updates The US treasury will buy back $6bn worth of government debt in an effort to alleviate a sell-off in the US bond market , the treasury secretary, Scott Bessent, announced on Wednesday. Rising inflation and uncertainty from the war in Iran have spooked…
We haven't written up this one. The Guardian US has the full story — the link below goes straight to it.