EconomyShort Squeeze in U.S. Long Bonds Shows ‘Bessent Put’ at Work
Treasury Secretary Scott Bessent’s surprise proposal to expand bond buybacks in an effort to lower U.S. borrowing costs has sparked debate over how effective it will ultimately be. But key market indicators and positioning suggest the plan is already having an impact.
People in this report Scott Bessent
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Bloomberg News★★★☆☆2026-08-26 01:30Original
Short Squeeze in U.S. Long Bonds Shows ‘Bessent Put’ at Work
Economy