Sec. Scott Bessent on Treasury Buybacks: We’re Trying to Signal That This Is a ‘Thinly Traded Area’ of the Market, There’s Been a Lot of Corporate Issuance

RUSH EXCERPT:
BESSENT: "We’re trying to signal that we think that this is a thinly traded area of the market that we’re we’re in August and there’s been a lot of corporate issuance that’s influenced the market And we we believe that there are many underlying factors in turn that the market is not looking at. And we we are going to make the market the in these We routinely do buybacks and we’re going to increase the size of the buyback And you know, Sarah I would note that it could be more than the four billion per issue"