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10-Year Yield Breaks 5% as Bessent's $5.2B Buyback Fails to Dent Curve
Macro & Rates1h ago
10-Year Yield Breaks 5% as Bessent's $5.2B Buyback Fails to Dent Curve
Treasury Secretary Scott Bessent's debt buyback provided no lasting relief, as the bond market demands higher compensation for duration risk amid fiscal concerns.