Wall Street questions Bissent's bond strategy

Financial markets on Wall Street are facing expectations that the plan proposed by U.S. Treasury Secretary Scott Bissent to buy back government bonds is insufficient to address the rising borrowing costs. Despite Bissent's assurance that larger programs could be implemented, market momentum has waned, and stocks have declined, while yields on 30-year bonds have increased. This reflects ongoing concern over the rising costs of government financing, which have exceeded $40 trillion and are impacting the U.S. economy and financial sectors. Experts believe that solving this issue requires reducing the size of the U.S. public debt, rather than relying solely on temporary measures.

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