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The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.

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The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.

U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longer-dated Treasury bonds.

The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.

Source：MarketWatch

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Source：https://www.marketwatch.com/story/bessent-suggests-treasury-could-intervene-again-in-bond-market-we-have-a-big-tool-kit-358829e1