Bessent defends Treasury after bond yields keep rising
Treasury Secretary Bessent defended his department’s record in the bond market in a televised interview and walked back his “I am the house” declaration from a month ago.
Original · MarketWatch AI summary of public reporting
Why: Bond yields continue rising → pressure on Treasuries
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At publication → Currentpara:10Y— → ——
para:30Y— → ——
SP5007,717 → 7,812+1.2%