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The Treasury’s bond-market intervention isn’t working. So what comes next?

MarketWatch · August 23, 2026 at 8:00 AM

The Treasury’s bond-market intervention isn’t working. So what comes next?

You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.

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The Treasury’s bond-market intervention isn’t working. So what comes next?

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