JUST IN: 🇺🇸Treasury Secretary Scott Bessent says interest rates had nothing to do with the decision to expand bond buybacks.
He added that the Treasury and Fed would coordinate on any balance-sheet changes, with buybacks adjusted if the Fed altered its bond runoff. #news #UpdateAlert
He added that the Treasury and Fed would coordinate on any balance-sheet changes, with buybacks adjusted if the Fed altered its bond runoff. #news #UpdateAlert