This Treasury Strategy Could Backfire on Fed — Top Economists Warn Scott Bessent Is Mucking With a Critical Market Signal
Jeremy Siegel warns of the 'Bessent Twist' in Treasury buybacks, while Ed Yardeni says the intervention will 'muck up things' for the Fed.
The government is buying back its own debt (Treasuries) in a new way, and some smart money experts worry this could confuse the signals that help the Fed understand how the economy is doing. When signals get mixed up, it's harder for everyone to make good decisions about money.
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