Macro Finance
Bessent Risks Higher Yields If He Axes 20-Year Bond, BNP Warns
Bloomberg Markets·October 6, 2026·1 min read
Treasury Secretary Scott Bessent should resist calls to eliminate the 20-year bond, as doing so could raise borrowing costs, according to BNP Paribas SA. The bank warned that axing the bond could increase yields, though specific yield projections were not provided.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.