Treasury Secretary Scott Bessent announced on August 20, 2026 that the Treasury Department would double the amount of government debt it is permitted to buy back from investors, arguing that current yields do not reflect underlying economic fundamentals. By August 21, long-term Treasury yields reached 20-year highs despite these measures.
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Treasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important bond market.
this outlet adds: wanna, reduce, borrow, less, simple, geniuses, nytimes, 2026
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#MissKittyPolitics It has to be shade. You know that he is a scumbag throughout every cell. This will further #bankrupt the United States. Grab your wheelbarrow or just move out of your house. You are dead ass broke already. Treasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important bond market.
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Treasury Secretary Scott Bessent said "we believe that yields don’t reflect the underlying fundamentals." Funny that, Scotty old mate, the rest of us don't believe the S&P, Nasdaq, and Dow don't reflect all the other fundamentals that # MAGA boast of. # USPol # GiftArticle https://www. nytimes.com/2026/08/20/busines s/treasury-bond-market-interventionist-tactics.html?unlocked_article_code=1.61A.FG
Treasury Yields Hit 20-Year High As Bessent's Market-Calming Measures Fall Short Long-term Treasury yields reached their highest levels in nearly 20 years this week, climbing despite Treasury Secretary Scott Bessent's announcement of a bond buyback operation potentially exceeding