US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/e16b7302f3a81b61b57bbb5f90ec45c6ad53e379" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="US 30-Year Bonds Erase Gains From Bessent’s Buyback Plan"></iframe>
