On government bond market intervention, Secretary Bessent didn't offer additional information, including on the TGA (this morning's CNBC reporting based on a "senior official").
He noted the government hasn't bought a single extra bond yet. He hinted that September 9 would be a day to assess last week's signal for bigger buybacks.
What changed
He noted the government hasn't bought a single extra bond yet. He hinted that September 9 would be a day to assess last week's signal for bigger buybacks.
#economy #markets #bonds #yields — via @elerianm
Why it matters
Bessent's TGA silence and September 9 hint signal unresolved bond intervention risk.
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Aug 25, 2026 06:52 PM ET