Prediction market traders doubtful Bessent's bond interventions will push yields lower CNBCWhat's Behind the U.S. Treasury's Latest Attempt to Lower Interest Rates The New York TimesUS Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says Reuters
The treasury secretary said Trump is contacting other world leaders to demand support for the "economic asphyxiation" of the Iranian regime but gave no deadline for action.
The Treasury Department said it could begin to buy back more of its debt, and bond market investors are assessing the potential effects on borrowing costs.
