Wall Street on Alert for Treasury’s Scott Bessent to Act on Bond Yields Again
Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as...
By Michael MacKenzie and Alexandra Harris · Bloomberg Markets
Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as the department prepares to update its debt management plans in November.