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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
971 Following    196K Followers
BESSENT ON TREASURY BUYBACKS & THE BOND MARKET: “Reject the idea that investors are scared about US credit.” “Off-the-run securities are less liquid.” “We make a market buying older bonds.” A “fever” was building in the bond market before the buyback news. “I can’t change the equilibrium price” of bonds.
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