Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
Last updated: 2026-08-24 16:43:48 ET
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not workingThe bond market is driving the T...
China's mission was planned as the country vies with the U.S. to land astronauts on the moon and secure a near-permanent presence on its surface.
The fire apparently began Saturday and grew significantly throughout the day, fueled by strong, gusty winds, low humidity and dry vegetation.
Art Berman warns that 8 million barrels shut in near the Strait of Hormuz may never fully recover, even after a ceasefire reopens the waterway.
The oldest surviving copies of biblical texts are on view for a final few weeks at the Museum of the Bible in Washington. Dead Sea Scrolls: The Exhibi...
Thomas Bailey, 58, faces charge of unauthorized entry of an inhabited dwelling near Covington, LouisianaA US Immigration and Customs Enforcement (ICE)...
Alisa Goods was found dead in a Las Vegas drainage ditch near Harry Reid International Airport after surveillance showed her collapsing on Aug. 8.
Two U.S. Army Corps of Engineers employees were among eight killed when a charter plane crashed in fog near Cape Newenham radar site in Alaska.
Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikel...
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