US Treasury yields jump as plans for $6bn buybacks disappoint investors
Scott Bessent seeks to steady government debt market with expanded purchase programme
lates news
Read More
Tether launches private credit fund in effort to boost stablecoin use
Move by world’s largest stablecoin issuer comes as market faces challenging conditions
‘I am the house now’: Bessent warns traders not to bet against yen
Comments follow July’s rare joint intervention with Tokyo to support Japanese currency
US Treasury to buy back up to $6bn in long-term bonds
Scott Bessent seeks to steady government debt market with expanded purchase programme
How to fix the brittleness caused by Treasury basis trades
The trade fills a void the US government has the authority, the incentive and the ability to close
FirstFT: Oil hits $100 as fears rise over global supplies
Also in today’s newsletter: Anthropic researcher quits and warns labs are ‘gambling’ with humanity’s future and Bessent warns traders not to bet against the Treasury