Bloomberg August 23, 2026 • 13:00

Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up - Bloomberg.com

By Greg Ritchie, Michael MacKenzie

Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up - Bloomberg.com

Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.

Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the worlds largest bond market. This week he took a stab at it himself.
By buying back a swath of l… [+308 chars]

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