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Bessent Axing 20-Year Treasury May Send Yields Higher, BNP Warns
Source: Bloomberg
Credit & Bond MarketsInterest Rates & YieldsAnalyst Insights
BNP Paribas SA advised Treasury Secretary Scott Bessent to resist calls to eliminate the 20-year bond, warning that doing so could raise borrowing costs. The report gives no estimate of the potential increase or market reaction.
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