Day: August 24, 2026

Bessent’s bond market move draws fire from investorsBessent’s bond market move draws fire from investors

Investors and analysts poured scorn on US Treasury Secretary Scott Bessent’s doubling of long-term bond purchases last week, which provided temporary relief but faces structural economic headwinds that are driving yields higher. The buybacks are a “band-aid on a bullet hole,” a Nomura strategist told the Financial Times, while ING ...