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US Public Debt Climbs Above $40 Trillion for the First Time
Bloomberg Television· 2026-08-20 12:39
The Treasury Secretary, Scott Bensent, taking action to lower long term government bond yields as the US debt pile tops $40 trillion for the first time, the Treasury saying it would at least double its planned buybacks of 10 to 30 year debt. Politics. Todd Kendall joins us now from Washington for Mark in Montana.Hey, John. Good morning. While all of this is becoming a politically fraught issue as finance and courts feed through to the broader economy.Now, we've heard the Treasury Secretary, Scott Benson, pr ...
Bessent Gets Short-Term Bond Market Win: 3-Minutes MLIV
Bloomberg Television· 2026-08-20 07:50
Scott Beasant has tried many different ways to bring rates lower. Long yields rate rates lower in the United States. Is his latest attempt going to be successful.Uh. Morning, Guy. I think that the short term, you can say with some confidence that, yes, the market is taking this, uh, relatively positively.Um, we had a pretty decent move at the back end of the yield curve yesterday, the Bloomberg bond index for US treasuries. Do you, in 20 years or more, had its best single day since February last year. Uh, s ...