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Borrowing Quote by Scott Bessent

“Treasury Secretary Janet Yellen has distorted Treasury markets by borrowing…” quote by Scott Bessent
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“Treasury Secretary Janet Yellen has distorted Treasury markets by borrowing more than $1 trillion in more-expensive shorter-term debt compared with historical norms. Terming out that debt in favor of a more orthodox borrowing profile may increase longer-term interest rates and will need to be deftly handled.”

Scott Bessent

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