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Macro Finance

Can the Treasury Fix the US Debt Crisis?

Bloomberg Markets·August 21, 2026·1 min read

With U.S. national debt topping $40 trillion and long-term bond yields at multi-year highs, Treasury Secretary Scott Bessent announced increased buybacks to stabilize the market. However, experts on Balance of Power explained that short-term Treasury moves cannot solve structural fiscal problems, as Kailey Leinz reported.

Read at Bloomberg Markets
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