The Washington Post

Bessent acts to break bond market fever, head off rising borrowing costs



After long-term Treasury yields on Tuesday rose to their highest point since 2007, the treasury secretary doubled a buyback of government debt.



Source link : https://www.washingtonpost.com/business/2026/08/19/bond-market-quake-is-bad-news-governments-businesses-consumers/

Author : David J. Lynch

Publish date : 2026-08-19 19:59:00

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