US Treasury Secretary Bessent says the long-dated bond buyback could be more than 4 billion
- Buyback could be more than 4 billion
- Part of it is signalling
- We want to show that yields do not reflect underlying fundamentals
- Probably going to announce increased focus on fiscal consolidation
- Nothing magic about $40 trillion debt number
- Expect tariff 2026 income will be similar to 2025
- Very good chance we’ve seen peak deficit
- Market got a little ahead of itself
- Treasury and the Fed would work together if any change in balance sheet
- Rates have nothing to do with the buyback decision
- We would adjust to any kind of Fed bond runoff
This article was written by Giuseppe Dellamotta at investinglive.com.