The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns

"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price of UST owned by foreign investors has to adjust via a weakening in the dollar."

You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.

Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic about that $40tn number,” the US Treasury secretary, Scott Bessent, told CNBC insouciantly last week, as the country’s debt mountain surpassed another bleak record. Yet Bessent’s decision to i

Bond Yields Rise Despite Treasury Efforts to Curb Borrowing Costs  WSJ

One month after the bond market went ballistic, with the 10-year Treasury yield breaching 4.7% and the 30-year Treasury yield skyrocketing to 5.17%, the market is now well and truly imploding. The benchmark 10-year hasn’t come down, and the 30-year has catapulted toward 5.3%, hitting its highest level since before the

New analysis shows cost of reinstating system almost half that touted by the coalition.

Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.

The US Treasury secretary’s pledge to expand a bond buyback program in order to lower borrowing costs did little to quell market unease.

A JPMorgan research chief compared the strategy to paying a mortgage with a credit card, warning it does nothing to reduce the underlying debt burden

The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury’s efforts to calm the bond markets might end up undermining confidence in the currency.

Dollar wobbles as Treasury's bond market buybacks raise fresh concerns  Reuters

US debt nears $40 trillion with $86 trillion in unfunded Social Security and Medicare obligations, echoing an old warning about democracy.

Aug 21 : The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's efforts to calm the bond markets might end up undermining confidence in the currency.Those concerns pushed the euro up 0.13 per cent to $1.1694, on course for its fourth consecutive weekly ga

Asian shares are mostly higher following a retreat on Wall Street, as the U.S. Treasury Department's plan to expand government debt buybacks appeared to have only limited capacity to calm markets

Asian shares are mixed following Wall Street losses as US Treasury's moves fail to calm markets  Toronto Star

Asian shares are mixed following a retreat on Wall Street, as the U.S. Treasury Department's plan to expand government debt buybacks appeared to have only limited capacity to calm markets

Asian shares are mixed following Wall Street losses as US Treasury's moves fail to calm markets  AP News

Wall Street investors say move to buy more long-term US debt is a ‘band-aid on a bullet hole’

Why Treasury Secretary Bessent's Moves To Calm The Bond Market Haven't Worked So Far  HuffPost

The Dow closed down over 700 points on Thursday amid rising national debt and fears over bond market volatility. Jessica Inskip, director of investor research at Stockbrokers.com, joins CBS News to discuss.

The staggering debt figure only deepened concerns among traders about the deteriorating state of public finances in the world's biggest economy.

Lawmakers are sounding the alarm over the nation’s $40 trillion debt, lamenting Congress’s inability to meaningfully confront a problem that has grown increasingly difficult to ignore. Both parties have spent years trying to tackle the rising debt. Republicans have frequently pointed to federal spending and entitlement

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“Anything that happens within a 24-hour period is noise,” US Treasury Secretary Scott Bessent tells reporters, responding to a question about the bond market erasing gains since the Trump administration’s decision to increase buybacks of longer-dated bonds. (Source: Bloomberg)

Bond yields jumped Thursday, erasing the declines stemming from of the Treasury Department’s unusual intervention in the debt market a day earlier.