INFERY
Published Aug 26, 2026, 12:20 PM ET · Updated 3 months ago · 1 source

Treasury Department's bond intervention seems to be working

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INFERY
Treasury Department's bond intervention seems to be working

There is a hot debate over the wisdom of the Treasury Department's bond market intervention. In the meantime, market moves suggest Treasury's intended purpose — of reining in longer-term borrowing costs — is working.