EconomyBessent’s Expanded Buybacks Run Into Bond-Market Reality
Treasury Secretary Scott Bessent’s unusual effort to substantially enlarge the department’s debt-buyback program faltered Wednesday. Announcing the size of the first expanded operation was not enough to stop markets from falling.
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Bloomberg News★★☆☆☆2026-09-10 06:30Original
Bessent’s Expanded Buybacks Run Into Bond-Market Reality
Economy