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Treasury bill reliance grows as Scott Bessent seeks to curb long-term rates

  • Treasury bill reliance is growing as Scott Bessent seeks to curb long-term rates.
  • Scott Bessent is seeking to limit the rise in long-term interest rates.
  • The development links greater Treasury bill reliance with rising long-term rates.

Reliance on Treasury bills is growing as Scott Bessent seeks to curb the rise in long-term interest rates. Treasury bills are short-term government debt, while long-term rates influence borrowing costs across the economy. The development highlights a focus on managing pressure at the longer end of the interest-rate curve.

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