Loading...
Please wait while we get things ready for you
Please wait while we get things ready for you
Treasury Secretary Scott Bessent's unprecedented bond-buyback intervention failed to calm financial markets, with yields rebounding Thursday after a brief reprieve. The 10-year Treasury yield climbed back to 4.69%, nearly erasing Wednesday's gains, while the 30-year yield remained near 5.23% — a 19-year high that's squeezing homebuyers and rattling Wall Street.
Ask AI about this