Bond market rebuffs US treasury’s plan to buy back $6bn in government debt
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis US politics live – latest updates The US treasury moved to cut the cost of borrowing on Wednesday only to be swiftly rebuffed by the bond market. Scott Bessent, the treasury secretary, announced the US would buy back $6bn worth of government debt – treasuries – in an effort to alleviate a selloff in the US bond market that has put pressure on interest rates.
The Guardian
Published by CurrentWire · First coverage
Compiled by CurrentWire News Desk
Summary based on reporting from The Guardian.
In this story
Automated coverage analysis
Generated automatically from the coverage listed on this page. CurrentWire adds no editorial claims.
Coverage
1 publication is covering this story.
How coverage developed
First report from The Guardian
Story updateHeadline updated
How CurrentWire compiled this story
The Guardian (www.theguardian.com), a Tier B publisher, filed this report on . CurrentWire published this page on .
Signal breakdown
CurrentWire ranked this story 67.9 of 100 in the snapshot this page was rendered from.
- Freshness
- 31.9 of 35
- Source authority
- 14 of 20
- Coverage breadth
- 4 of 20
- Geographic relevance
- 10 of 10
- Story prominence
- 8 of 10
- Velocity
- 0 of 5
Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Business · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Interest Rates (3).
CurrentWire is a news discovery platform. This page summarizes and links to original reporting; full articles, imagery and copyright remain with the publishers listed above.