Bessent says Treasury could intervene again in bond market
By The BriefBrief
U.S. Treasury Secretary Scott Bessent said the Treasury has a “big tool kit” and could intervene again in the bond market. He also pointed to a plan to at least double the department’s buybacks of longer-dated Treasury bonds.
WHO:Scott Bessent
WHAT:Bessent suggested the Treasury could intervene again in the bond market and discussed plans to at least double buybacks of longer-dated Treasury bonds.
WHEN:Reported Aug 20, 2026 at 11:25 AM ET
WHERE:USA
WHY:Bessent was responding to current conditions in the bond market and discussing potential Treasury actions.
How this story developed (showing 12 of 12 earlier reports)