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JUST IN: 🇺🇸 Treasury Secretary Bessent says he has "asymmetric information" the bond market doesn't have. "Do we know something the market doesn't? I think the market's probably gotten a little ahead of itself." Here's what he revealed: - Buybacks could go BEYOND $4 BILLION per operation - "There's nothing magic" about the $40 TRILLION debt number - Deficit has likely already peaked under this administration - A new fiscal consolidation plan drops this week - The Treasury joined Japan's yen intervention because "we know something the market doesn't"(Coin Bureau)

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