Treasury Secretary Scott Bessent refrained from any further signals on revamping US debt management on Monday, following a report that his department could draw down some of its cash pile to fund buybacks of higher-yielding older securities. Bloomberg's Garfield Reynolds discusses.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-25/bessent-defends-buyback-plan-stops-short-of-new-signals-video)