Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.

US Treasury Secretary Scott Bessent said increased buybacks of Treasury securities announced this week could be more than $4 billion per issue.

The action by Secretary Scott Bessent comes amid a selloff of longer-term U.S. government debt.

The Treasury Secretary surprised markets by buying back more long-term debt to lower yields.

Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.

With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial markets in decades — putting his credibility on the line in an effort to quell a potentially damaging rise in US borrowing costs.

In an interview with Newsmax host Carl Higbie, Vice President J.D. Vance said the administration has a plan to address the nation's $40 trillion debt, arguing that economic growth must outpace the growth of the national debt.

S cott Bessent often says he wants to be America’s “top bond salesman”. For the treasury secretary, falling bond yields would be a sign of success. An accountant might raise