https://www.live-feeds.com/feed/scott-bessent-fails-to-break-fever-in-us-bond-marketContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-fails-to-break-fever-in-us-bond-markethttps://www.live-feeds.com/feed/scott-bessent-fails-to-break-fever-in-us-bond-market#u69202Tue, 15 Sep 2026 16:55:42 +0000Treasury Secretary Scott Bessent has frozen out a news outlet after it reported on his contradictory mortgage pledges. Media figures warn this conflict could endanger the economy. This friction follows a failed September 10 Treasury buyback where Bessent attempted to lower borrowing costs with a $6 billion operation, triple the normal volume. Despite these efforts, 10-year Treasury yields hit their highest levels since 2023 and mortgage rates climbed. Bessent has since cautioned that the bond market has taken out more governments than howitzers.Why it mattersThe Treasury is struggling to stabi https://www.live-feeds.com/feed/scott-bessent-fails-to-break-fever-in-us-bond-markethttps://www.live-feeds.com/feed/scott-bessent-fails-to-break-fever-in-us-bond-market#u67266Sun, 13 Sep 2026 22:20:27 +0000The US bond market responded negatively to a $6 billion Treasury buyback operation launched on September 10, with 10-year Treasury yields jumping to their highest levels since 2023. Despite Scott Bessent's efforts to lower borrowing costs through a buyback triple the normal level, bonds sold off and mortgage rates increased. Bessent has dismissed these concerns, asserting that Treasuries remain strong, while critics argue that attempts to suppress interest rates could potentially trigger a recession.Why it mattersThe Treasury uses buybacks to manage debt and stabilize markets by purchasin