Bessent's Bond Buyback Plan Could Sink Long-Term ETFs
TL;DR
Motley Fool argues that Scott Bessent's plan to double buybacks of long-term Treasuries has failed to calm markets, with 30-year yields at multi-year highs and long-duration bond ETFs like EDV and TLT potentially facing further declines; given the national debt and higher rates, a diversified approach such as the Vanguard Total Bond Market ETF (BND) may be a safer option than sticking to EDV or TLT.
- Scott Bessent's Big Announcement Could Be Bad News for These 2 Bond ETFs Yahoo Finance
- Opinion | America Is About to Get More Expensive The New York Times
- Why the bond market is flexing its muscles, and why everyone needs to care AP News
- Treasury yields fall as traders await more economic data CNBC
- The Bond Market Is Returning to the Old Normal Bloomberg
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