“.. Nomura said Bessent’s Treasury buyback plan ‘by itself’ amounted to a ‘band-aid on a bullet hole’.”

@FT https://t.co/rqzt9LJObc https://t.co/I0Blo7orbr — via @CarlQuintanilla

Nomura’s “band-aid” critique signals skepticism toward Bessent’s buyback plan, a key fixed-income catalyst.