Euronews · WorldNews · 2026-08-21
Bessent vows bigger buybacks after bond yields erased the US Treasury's relief rally
Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively. Bessent vows bigger buybacks after bond yields erased the US Treasury's relief rally
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