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Why did bond markets ignore Scott Bessent’s buyback plan? | Morning BidEconomy
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EconomyWhy did bond markets ignore Scott Bessent’s buyback plan? | Morning Bid

Bond markets are testing Treasury Secretary Scott Bessent’s buyback strategy as yields climb back toward recent highs. U.S. President Donald Trump promises an economic crackdown on Iran while oil prices head for a weekly gain. Walmart shares tumble after the retailer reports its weakest U.S. sales growth in more than six years.

People in this report Scott Bessent

RReuters 2026-08-21 10:12