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Bessent Defends Buyback Plan, Stops Short of New Bond Measures

Bloomberg Markets Tuesday 25 August 2026, 00:21 UTC 1 min read
Key Points

Aug 25th, 2026 Bessent Defends Buyback Plan, Stops Short of New Bond Measures Treasury Secretary Scott Bessent refrained from any further signals on revamping US debt management on Monday, following a report that his department could draw down some of its cash pile to fund buybacks of higher-yielding older securities. Bloomberg's Garfield Reynolds discusses.

Aug 25th, 2026 Bessent Defends Buyback Plan, Stops Short of New Bond Measures Treasury Secretary Scott Bessent refrained from any further signals on revamping US debt management on Monday, following a report that his department could draw down some of its cash pile to fund buybacks of higher-yielding older securities. Bloomberg's Garfield Reynolds discusses.
Stops Short (PERSON) Treasury (ORG) Scott Bessent (PERSON) US (LOCATION) Bloomberg (ORG) Garfield Reynolds (PERSON)
Originally published by Bloomberg Markets Read original →

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