US Treasury Secretary Scott Bessent stated that the Treasury's $6 billion bond buyback, which failed to lower mortgage rates and saw 10-year Treasury yields climb, did not fail but rather received fewer offers than usual. Bessent, in a Thursday evening interview, attributed the market instability to Iran's attempts to create economic problems in the US, emphasizing his role in ensuring market stability during the conflict. The Treasury Department plans to buy back at least $4 billion more in 20- to 30-year bonds in two weeks.