U.S. Treasury Chief's Treasury Twist Policy Fails to Contain Long-Term Rates, 10-Year Yield Hits 4.73% in 24 Hours
According to Bloomberg, on August 23, U.S. Treasury Secretary Scott Bessent's attempt to lower long-term bond yields through expanded buybacks and increased short-term debt issuance—a strategy he called "Treasury Twist"—produced only one day of results. The 10-year U.S. Treasury yield bounced back t
GateNews·5m ago
