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Investors say Treasury secretary’s $6bn bond operation cannot halt borrowing-cost surge

  • The Treasury secretary launched a $6bn bond operation.
  • $6bn was insufficient to stem the recent borrowing-cost surge, investors warn.
  • Borrowing costs have recently surged, according to investors.

Investors warn that a $6bn bond operation led by the Treasury secretary has not been sufficient to stem the recent surge in borrowing costs.

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