1 points, 1 comments on Hacker News
Source: [Hacker News](https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html)
A target on longer-dated bond yields.
Treasury Secretary Scott Bessent said new sanctions being imposed on Iran would amount to the "greatest financial offensive" ever.
The Trump administration unveiled a plan to isolate Iran's economy by threatening to impose secondary sanctions on the Islamic Republic's "enablers.
2 points, 0 comments on Hacker News
Developing story — details emerging. Check the source link for the latest updates.
The Trump administration is trying to pull all economic levers at its disposal to cripple Tehran.