SA Asks: Will Bessent's recent moves to curb bond yields boost the stock market? (TLT:NASDAQ)

SA Asks: Will Bessent's recent moves to curb bond yields boost the stock market? (TLT:NASDAQ)

Will U.S. Treasury Secretary Scott Bessent's recent moves to curb Treasury yields boost the stock market? SA analysts weigh in. Read more here.

Bessent’s bond market move draws fire from investors

Investors and analysts poured scorn on US Treasury Secretary Scott Bessent’s doubling of long-term bond purchases last week, which provided temporary relief but faces structural economic headwinds that are driving yields higher. The buybacks are a “band-aid on a bullet hole,” a Nomura strategist…

J.P. Morgan just poured cold water on Bessent's bond fix

Treasury spent Wednesday, Aug. 19 buying itself some calm. Wall Street’s biggest bank spent Friday pricing what it cost.

Bessent Just Told Markets Yields Are Wrong. Bitcoin Believed Him

Scott Bessent went on CNBC Thursday and said something Treasury secretaries almost never say out loud: current bond yields don't reflect economic fundamentals. Then he backed it up with the closest thing a government has to a public trading signal — a promise to buy more of its own debt than the market expected, with more room to keep buying after that. Bitcoin, which has spent this month treating every hint of fiscal intervention as rocket fuel…