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Bessent Shocks Markets With Bigger Buybacks As Yields Hit Multi-Year Highs

Macro·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Treasury Secretary Scott Bessent surprises markets with a major boost to debt buybacks as yields hit multi-year highs.

SK Hynix surges on a nearly $30 billion buyback. Moderna and Merck jump on promising melanoma v.

Scott BessentSK HynixModernaMerck

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