Business & Finance
Can the US Successfully Battle Rising Borrowing Costs?
Key Points
Treasury Secretary Scott Bessent is doubling down on long-term bond buybacks to head off surging yields. Financial analysts weigh in on whether the strategy can really tame borrowing rates for the long-term.
Treasury Secretary Scott Bessent is doubling down on long-term bond buybacks to head off surging yields. Financial analysts weigh in on whether the strategy can really tame borrowing rates for the long-term. (Source: Bloomberg)