Business

Treasury Secretary's Debt Plan Fails to Calm Markets

Updated 2026-08-20 15:55 UTC 1 source Negative

Scott Bessent’s plan to calm markets with a debt-buyback plan is being short-circuited, leading to surging U.S. bond yields.

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MarketWatch
Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.
2026-08-20 15:40 UTC
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