Can the Treasury Fix the US Debt Crisis?
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With US national debt topping $40 trillion and long-term bond yields hitting multi-year highs, Treasury Secretary Scott Bessent announced increased buybacks to stabilize the market. But as experts explain on Balance of Power, short-term Treasury moves can't solve structural fiscal problems. Kailey Leinz has more. (Source: Bloomberg)
With US national debt topping $40 trillion and long-term bond yields hitting multi-year highs, Treasury Secretary Scott Bessent announced increased buybacks to stabilize the market. But as experts explain on Balance of Power, short-term Treasury moves can't solve structural fiscal problems. Kailey Leinz has more. (Source: Bloomberg)
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