Bessent Defends Buyback Plan, Stops Short of New Bond Measures

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. Bloomber...

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. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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