SA Asks: Will Bessent's recent moves to curb bond yields boost the stock market? (TLT:NASDAQ)

Bessent is picking a fight with the bond market

America’s Treasury Secretary wants to be its top bond salesman. But his increasingly aggressive tactics could make the product harder to sell.

Bessent’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 analysts likened it to “rearranging deckchairs on the Titanic.” Jefferies’ chief US economist said the abrupt nature…

Bessent's Game of Chicken With The Bond Vigilantes

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

SA Asks: Will Bessent's recent moves to curb bond yields boost the stock market? (TLT:NASDAQ)

Will U.S. Treasury Secretary Scott Bessent's recent moves to curb Treasury yields boost the stock market? SA analysts weigh in. Read more here.

The Treasury's recent moves in the bond and currency markets add up to 'soft-form financial repression' to lower debt costs, economist warns

With U.S. debt hitting $40 trillion, markets are turning more attention to that burden and whether policymakers will address the root causes or just the symptoms. The Treasury Department’s interventions in the bond and currency markets in recent weeks point to the latter. Treasury Secretary Scott Bessent surprised Wall Street on Wednesday with a plan to increase buybacks of long-term bonds, after the 30-year yield hit the highest level in nearly…

J.P. Morgan just poured cold water on Bessent's bond fix

Treasury spent Wednesday, Aug. 19 buying itself some calm. Wall Street’s biggest bank spent Friday pricing what it cost.