Wall St Engine(@wallstengine):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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Wall St Engine@wallstengine

2026.09.08 15:35

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.