invest1 publisher
Bessent answered a run at 5% with $5.2 billion of buybacks
Investors had held US equities near records on the view that Bessent was coordinating Trump's policy sensibly. His answer to a 10-year yield testing 5% was a buyback he announced at $6 billion and executed at about $5.2 billion.
Publishers:en.sedaily.com
Reality
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- Adoption
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