EconomyBessent could tap nearly $1 trillion Treasury account to fund bond buybacks, sources say
Sources say Treasury Secretary Bessent could use nearly $1 trillion in the Treasury General Account to finance bond buybacks. Drawing on the account would give the Treasury considerable power to influence long-term bond yields.
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CNBC★★★☆☆2026-08-24 13:17Original
Bessent could tap nearly $1 trillion Treasury account to fund bond buybacks, sources say
Economy