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US Treasury Secretary Bessent Reportedly Prepares Measures to Curb Rising Bond Yields
US Treasury Secretary Scott Bessent is reportedly preparing stronger measures to prevent investors from pushing Treasury yields higher. Options could include temporarily limiting some long-term debt issuance, as the 10-year yield is near 4.7% and US debt has hit $40 trillion. Bessent aims to contain borrowing costs and protect economic growth, though investors remain concerned about America’s rising debt burden.
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