Bessent tapping Treasury’s rainy-day fund for buybacks isn’t a ‘bazooka’ to get markets to move his way

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• MarketWatchCenter·3h ago

  Bessent tapping Treasury’s rainy-day fund for buybacks isn’t a ‘bazooka’ to get markets to move his way

  Bessent’s move “does not change anything. It just reduces the cash that Treasury has on deposit,” one analyst says.

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