U.S. Long-Term Bonds Slide Despite Bessent's Intervention
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U.S. long-term bonds have plummeted, with yields on 30-year Treasuries rising despite Treasury Secretary Bessent's efforts to calm the market by doubling purchases of securities. Investors remain unconvinced, leading to concerns about inflation as the so-called breakeven rate hits its highest levels in more than two months.
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US long-term bonds slide as Bessent intervention fails to soothe inves...
US long-term bonds slide as Bessent intervention fails to soothe inves...
US long-term bonds slide as Bessent intervention fails to soothe inves...
Bessent's bond gambit aimed at calming markets is instead stirring inf...
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