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Treasury Secretary Scott Bessent's plan to calm markets is being short-circuited.
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US national debt hits $40 trillion, rising by $90K per second wjla.comUS national debt passes $40tn after doubling in a decade BBCU.S. debt tops $40 trillion NPRUS gross national debt tops $40tn for first time The GuardianU.S. government debt passes $40 trillion, more than doubling in a decade CNBC
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Chinese court sentences founder of troubled property developer Evergrande to life in prison AP NewsChina Sentences Evergrande Founder to Life in Prison The New York TimesChina sentences founder of world's most-indebted property developer to life in prison for fraud, bribery Fox BusinessFounder of collapsed Chinese property giant Evergrande sentenced to life in prison BBC
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CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion CNBCThe Treasury Department just pushed down long-term US bond yields. That could make Kevin Warsh's job harder. Yahoo FinanceBonds steady after US Treasury comes to the rescue ReutersJPMorgan Team Sees Credibility Risk in Treasury's Bond Buybacks Bloomberg.com
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