Is Bessent Facing a Bond Market Credibility Issue?

Jefferies Economist Modupe Adegbembo and Morgan Stanley Chief European Equity Strategist Marina Zavolock weigh the impact of US Treasury Secretary Scott Bessent's announcement that the department would at least double the size of its long-dated bond buybacks. They speak on Bloomberg Television. (Source: Bloomberg) Jefferies Economist Modupe Adegbembo and Morgan Stanley Chief European Equity Strategist Marina Zavolock weigh the impact of US Treasury Secretary Scott Bessent's announcement that the department would at least double the size of its long-dated bond buybacks. They speak on Bloomberg Television. (Source: Bloomberg)