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Wall Street on Alert for Treasury’s Scott Bessent to Act on Bond Yields Again

Key Points

Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as the department prepares to update its debt management plans in November.

Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as the department prepares to update its debt management plans in November.
Treasury (ORG) Scott Bessent (PERSON)
Originally published by Bloomberg Markets Read original →