https://www.live-feeds.com/feed/scott-bessent-s-attempts-to-suppress-interest-rates-could-spark-a-recessionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-s-attempts-to-suppress-interest-rates-could-spark-a-recessionhttps://www.live-feeds.com/feed/scott-bessent-s-attempts-to-suppress-interest-rates-could-spark-a-recession#u68411Tue, 15 Sep 2026 02:51:11 +0000Treasury Secretary Scott Bessent's attempt to lower interest rates through a $6 billion buyback of longer-term debt has failed to stabilize markets. Bond yields have hit their highest levels since 2023, while stocks tumbled and mortgage rates remained unaffected. Despite tripling the government's bond-buying program, investors have continued to sell off bonds. Bessent has responded to critics by dismissing the concerns of financial analysts, while some observers warn that these efforts to suppress rates could trigger a recession.Why it mattersThe Treasury uses buybacks to manage debt