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Bessent dared currency traders to bet against him as bond buyback size loomed

Photo: Yahoo Finance

What happened

The Treasury is expected to announce Wednesday how large it will make its bond buyback operations, with analysts at Wrightson ICAP seeing $5 billion to $6 billion as a likely starting point

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Yahoo FinanceYahoo Finance
  2. Quartz started reportingQuartz

Sources