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Why Treasury Secretary Bessent's moves to calm the bond market haven't worked so far

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The Atlanta Journal-Constitution
August 20, 2026
Mortgage RatesSource: GNews

Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs. The yield on the 10-year Treasury note, a key benchmark for mortgage

Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs. The yield on the 10-year Treasury note, a key benchmark for mortgage ...

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Originally published by The Atlanta Journal-Constitution

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