Economic TimesLean R·
Trump says he did not direct Bessent to intervene in bond market
U.S. President Donald Trump said on Friday he did not direct Treasury Secretary Scott Bessent to intervene in the bond market this week and that the Treasury chief acted on his own authority based on his understanding of the issues.Here are details:Bessent said on Thursday the government could further increase its Treasury repurchases after a surprise announcement on Wednesday that it would spend double the expected amount on bond buybacks."No, not at all," Trump told reporters on …
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