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Wall Street is bracing for more action as it watches for U.S. Treasury Secretary Scott Bessent to intervene in bond yields again.
Wall Street traders are bracing for a potential repeat intervention in bond yields by Treasury Secretary Scott Bessent. This follows Bessent's unexpected decision in August to increase purchases of older bonds, which caught the market off guard. As the Treasury prepares to update its debt management plan in November, key clues could emerge this Friday.
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