US Treasury Secretary Scott Bessent said Treasury bond buybacks could exceed $4 billion per issue, after the department announced plans to at least double purchases of longer-dated debt. He also signalled a stronger fiscal consolidation push to curb the deficit and reduce borrowing costs.
US Treasury Secretary Scott Bessent said Treasury bond buybacks could exceed $4 billion per issue, after the department announced plans to at least double purchases of longer-dated debt. He also signalled a stronger fiscal consolidation push to curb the deficit and reduce borrowing costs.
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