Treasury Secretary Scott Bessent’s unusual move to supersize his department’s debt buyback program stumbled on Wednesday, when an announcement on the size of the first enlarged operation proved insufficient to halt market declines.
Finance
Bessent’s Upsized Buybacks Get Hit by Treasury-Market Reality
Treasury Secretary Scott Bessent’s unusual move to supersize his department’s debt buyback program stumbled on Wednesday, when an announcement on the size of the first enlarged operation proved insufficient to halt market declines.
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