Business & Finance
Bessent’s Plan at Best ‘Circuit Breaker’ for Global Bond Slump
Key Points
The global bond rally triggered by Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt may prove short lived, with analysts citing persistent worries about fiscal woes and sticky inflation globally.
The global bond rally triggered by Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt may prove short lived, with analysts citing persistent worries about fiscal woes and sticky inflation globally.