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Bloomberg

'Desperate Attempt' To Lower Yields: Jonathan Levin

Thursday, August 20, 2026


Treasury Secretary Scott Bessent announced plans to expand debt buyback efforts and said the administration will introduce a new fiscal initiative to address current borrowing costs. Bessent made the statement during an appearance on Bloomberg Real Yield. Bloomberg Opinion columnist Jonathan Levin discussed the announcement on the program.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-20/-desperate-attempt-to-lower-yields-jonathan-levin-video

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