30-Year Reverses Gains, Bessent Makes Moves | Bloomberg Businessweek Daily 8/20/2026
Market Participants are warning that a unpredictability in the Treasury's strategy could portend higher borrowing costs. Treasury Secretary Scott Bessent is warning against any panic in the market. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg News Rates Reporter Michael Mackenzie break down what's been going on in the yield market, and the what the impact of the Treasury's buyback plan may be. Then, Bloomberg Intelligence Senior Analyst for E-Commerce and Re…



