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Bessent's move "does not change anything. It just reduces the cash that Treasury has on deposit," one analyst says.
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Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
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Washington Post Ordered to Rehire Fired Columnist Karen Attiah The New York TimesWashington Post ordered to reinstate Karen Attiah, opinion writer who was fired after posts about Charlie Kirk killing CBS NewsWashington Post ordered to reinstate opinion writer fired over Charlie Kirk posts The GuardianKaren Attiah Secures Landmark First Amendment Victory in Wrongful Termination Case Against The Washington Post Democracy Defenders Fund
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Alibaba plunges after announcing $10.2 billion share placement to fund AI push CNBCAlibaba, YMTC Fundraising Hits China Tech Stocks on Supply Woes BloombergThis Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI Yahoo FinanceAlibaba to Raise $10.20 Billion for AI Investment With Share Placement WSJ
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