US Treasury Secretary Scott Bessent told lawmakers at a House Financial Services Committee hearing that the recent Treasury buybacks were a success and underscored US credibility, despite the recent climb in the yield on the 10-year to above 5% ▻ ↧ US Treasury's Bessent says bond yields reflect 'global issues' U.S. Treasury Secretary Scott Bessent on Tuesday blamed rising bond yields on "global issues" and confirmed he will meet with Chinese Vice Premier He Lifeng this weekend ahead of a meeting between President Donald Trump and Chinese President Xi Jinping next week.
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US Treasury Secretary Scott Bessent told lawmakers at a House Financial Services Committee hearing that the recent Treasury buybacks were a success and underscored US credibility, despite the recent climb in the yield on the 10-year to above 5% ▻
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