Tag: $1 trillion cashpile

Scott Bessent could use the US Treasury’s nearly $1 trillion cashpile to fund bond buybacks and influence long-term Treasury yields. (REUTERS/Kevin Lamarque/File Photo) (REUTERS)
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Scott Bessent eyes $1 trillion US Treasury cashpile for bond buybacks

 August 25, 2026  Leave a Comment on Scott Bessent eyes $1 trillion US Treasury cashpile for bond buybacks

US Treasury Secretary Scott Bessent could use the government’s nearly $1 trillion cash account to help fund plans to buy government bonds. The money is…

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