Treasury yields continue to rise even as Bessent doubles down on bond buybacks

60-second summary

Treasury yields climb as long‑term rates rise despite a $6 billion Treasury buyback, with Bessent doubling its bond repurchase effort; persistent debt worries and surging oil prices keep pressure on global bond markets, pushing yields higher and signaling tighter financing conditions that could dampen risk‑on equity flows and elevate borrowing costs across the economy.