Treasury Secretary Scott Bessent defends his bond-buying intervention as a success on Capitol Hill. He argues that the U.S. bond market is the best performing in the developed world despite the 10-year Treasury yield hovering near 5%.
Bond market intervention is defended as a success by Treasury Secretary Scott Bessent during a Capitol Hill hearing. With the 10-year Treasury yield hovering near 5%, Bessent highlights successful Treasury auctions. ‘The Big Money Show’ panel discusses the potential economic impact of a Federal Reserve rate decision as Washington manages its rising debt cost.
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