U.S. Treasury
Big Boss Bessent
Rising long-term U.S. Treasury yields (with the 30-year hitting multi-year highs around 5.3%+) amid concerns over the U.S. fiscal outlook, heavy debt issuance (including AI-related financing), and the national debt approaching $40 trillion, prompting Treasury Secretary Scott Bessent to announce plans to at least double long-term bond buybacks in a move reminiscent of the Fed’s 2011 “Operation Twist.”









