Bessent said that since the expansion of buybacks, 30-year yields have not risen significantly.
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U.S. Treasury Secretary Bessent: Since the expansion of buybacks, 30-year yields have not risen significantly.
PANews September 21 news, U.S. Treasury Secretary Bessent: Since the expansion of buybacks, 30-year yields have not risen significantly. (Regarding Federal Reserve rate hikes) I have full confidence in Federal Reserve Chair Warsh. Trump also has full confidence in Federal Reserve Chair Warsh. I believe Federal Reserve Chair Warsh will make the right decisions for the Federal Reserve's mandate. Core inflation has not increased, and all indicators remain unchanged. We will watch whether supply shocks emerge on the energy side.
U.S. Treasury Secretary Bessent said that since the expansion of repurchase operations, the 30-year yield has not risen significantly.
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Bessent said he has full confidence in Federal Reserve Chair Warsh.
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Trump also has full confidence in Federal Reserve Chair Warsh.
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Bessent said core inflation has not risen and all indicators remain unchanged.
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Bessent said he will watch for a supply shock on the energy side.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Bessent's remarks addressed long-term interest rates, inflation, Federal Reserve decisions, and energy supply risks. He believes that following the expansion of buybacks, 30-year yields have not risen significantly, and he expressed support for Warsh and his decisions.
Why it matters to readers
This news reflects the U.S. Treasury Secretary's views on long-term interest rates, inflation, and Federal Reserve decisions.
30 The yield for a given maturity is an important reference for long-term borrowing costs; core inflation is used to observe price changes after excluding certain factors.
Risks and unknowns
Information not provided 30 The specific magnitude of the change in the yield for a given maturity.
The news did not specify the exact scope of “all indicators.”
The news did not state whether an actual supply shock occurred in the energy sector.
The content is relayed by PANews; the background and full context of the original remarks were not provided in the materials.
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30-year yield
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