longer dated securities yesterday. And joining us now in a CNBC exclusive interview to discuss is Treasury Secretary Scott Besson. Secretary Bessant, welcome back.It's good to see you. >> Sarah, good morning. Good to see you.>> So tell talk us through what you are trying to do here by announcing the increased size of the buybacks. Yeah, the we're trying to signal that we think that this is a thinly traded area of the market that we're we're in August and uh there's been a lot of corporate issuance that's in ...

I think it's no surprise what we're seeing in the market here. Uh, Tom and Paul. Right.I mean, uh, what we saw yesterday was, uh, a sign of desperation, a plea to please, please, please. Uh, get you guys down because midterm elections are coming very soon. And, uh, you know, it's not going to work. It's not going to work any better than all the other gimmicks that this Treasury Department has marched out.We saw, uh, you know, the adjustment to capital requirements with banks. We saw the, uh, the move on sta ...

The Treasury Department’s buyback announcement was further evidence, that in finance, revolves around the bond market. https://t.co/EuzFCgwYW4 ...