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Bessent Dismisses Concern on Buyback, Says Treasuries Are Strong

Source: Bloomberg

Sovereign Debt & RatingsCredit & Bond MarketsInterest Rates & YieldsFiscal Policy & Budget

Treasury Secretary Scott Bessent said Thursday's debt buyback was smaller than expected but dismissed concerns over the operation and a concurrent rise in Treasury yields. The comments address investor sensitivity to Treasury market liquidity, debt-management operations and higher borrowing costs, though no buyback size or yield magnitude was provided.

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