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Treasury Yields: Bessent Loads Bazooka As Oil Prices Rise

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Markets may have a backstop this week from Treasury Secretary Scott Bessent, who is poised to announce the amount of long-term debt the government will buy back this week in a bid to stabilize Treasury yields. The announcement comes as crude oil futures hit a three-month high early Tuesday on signs the U.S.-Iran conflict may intensify, while the 10-year Treasury…

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