The U.S. bond market under President Donald Trump is the “best performing in the world” and inflation expectations are “flat to down,” Treasury Secretary Scott Bessent said during the Breitbart News “State of the Economy” policy event Tuesday.
\n\nBreitbart News Finance and Economics Editor John Carney asked Bessent, the “chief bond salesman of the United States,” to explain the purpose of repurchases.
\n\n“I think a lot of people got it wrong. They said, ‘Oh, the Treasury Secretary is trying to do QE [quantitative easing]. He is interfering with what the Fed is doing. I saw you guys together, Chairman [Kevin] Warsh, at the G20. It didn’t look like you were at war with each other, so maybe you can explain what … are you doing with the repurchases?” Carney asked.
\n\nBreitbart News Finance and Economics Editor John Carney (left) and Breitbart News Washington Bureau Chief Matthew Boyle (center) interview Treasury Secretary Scott Bessent (right) at the Breitbart News “State of the Economy” policy discussion on Tuesday, September 8, 2026, in Washington, DC. (Matthew Perdie/Breitbart News)
\n\nBessent explained, “We’re doing a couple of things. One, just the basic function of the operation is that as bonds become older, they become what’s…
Original source: https://www.breitbart.com/economy/
