Bessent touts bond market as 10-year Treasury yield spikes
Reported by CNBC · cnbc.com · September 1, 2026
Treasury Secretary Scott Bessent downplayed short-term bond moves even as he touted the U.S. market, saying, "what happens over a month doesn't matter."
What the tape says
What to watch: Rate relief reduces cost of capital — typically bullish for leveraged businesses and housing.
Market reaction today: $^TNX +0.46%
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