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‘Don’t Fight Bessent’s Treasury’ Is New Mantra in US Bond Market

Markets

Ye Xie, Liz Capo McCormick

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March 23, 2025

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Bloomberg

Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates the administration’s plan to push them down and keep them down.

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