US Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Ira Jersey, Chief US Interest Rates Strategist for Bloomberg Intelligence, discusses the move.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-19/bessent-deploys-debt-buybacks-over-yield-rise-concern-video)

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