It’s Treasury vs the Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback

It's Treasury vs the Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback - 🔔 The Liberty Daily

(Zero Hedge)—Back on April 14 when bond yields were soaring in the aftermath of Trump’s liberation day amid speculation that China or Japan were selling some of their US paper to stabilize their currency, a selloff which was compounded by the concurrent unwind of the massive $2 trillion basis trade, Treasury Secretary Steve Bessent appeared on Bloomberg TV to ease fears of a wholesale unwind of the US bond market. In the interview, among other t…

It’s Treasury Vs The Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback

It’s Treasury Vs The Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback Back on April 14 when bond yields were soaring in the aftermath of Trump’s liberation day am

It’s Treasury vs the Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback

(Zero Hedge)—Back on April 14 when bond yields were soaring in the aftermath of Trump’s liberation day amid speculation that China or Japan were selling some of their US paper to stabilize their currency, a selloff which was compounded by the concurrent unwind of the massive $2 trillion basis trade, Treasury Secretary Steve Bessent appeared on Bloomberg TV to ease fears of a wholesale unwind of the US bond market. In the interview, among other t…

Scott Bessent: “We Want the U.S. to Be More Like Florida and Less Like New York”

Treasury Secretary Scott Bessent borrowed our line the other day, so you know he has it exactly right: “I lived in New York. I lived in Florida. And the state of New York spends about $235 billion a year. The state of Florida spends about $125 billion. Both states have approximately the same number of people but Florida doesn’t have an income tax. And I can tell you having lived in both, it’s better not to have an income tax and Florida gives be…

It's Treasury Vs The Fed: With Fed Sidelined, Bessent Unleashes Record $10 Billion Bond Buyback - Nemos News Network

Back on April 14 when bond yields were soaring in the aftermath of Trump’s liberation day amid speculation that China or Japan were selling some of their US paper to stabilize their currency, a selloff which was compounded by the concurrent unwind of the massive $2 trillion basis trade, Treasury Secretary Steve Bessent appeared on Bloomberg TV to ease fears of a wholesale unwind of the US bond market. In the interview, among other things, Bessen…