Trump says he did not direct Bessent to intervene in bond market
· economictimes.indiatimes.com
President Donald Trump clarified that he had not influenced Treasury Secretary Scott Bessent's decisions in the market. Bessent made choices independently, guided by his grasp of existing economic conditions. In a surprising announcement, the government revealed plans to buy back double the amount of bonds initially anticipated. This unexpected action led to a significant drop in bond yields, although these declines were mostly corrected by the end of the week.
Live Events
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
(You can now subscribe to...