‘The Big Money Show’ reacts to Treasury Secretary Scott Bessent moving to expand long-term bond buybacks as Fed Chair Kevin Warsh faces inflation concerns, potential rate hikes and $40 trillion in U.S. debt.
Scott Bessent’s treasury interventions capture attention as the U.S. national debt tops $40 trillion. ‘The Big Money Show’ assesses how a buyback program might curb soaring yields. The team also references former President Donald Trump’s criticism of federal interest rate hikes amid rising crude oil prices.
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