CNBC
Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try
Thursday, August 20, 2026
Treasury Secretary Ralph Bessent's efforts to stabilize the Treasury market have not achieved intended results amid elevated bond yields and fiscal pressures, according to market analysts. The Treasury Department has pursued multiple policy approaches to address market conditions since Bessent took office in 2025. Specific measures undertaken and their outcomes remain subject to ongoing market monitoring and economic data releases.
