Scott Bessent has publicly stated 'we don't care what the Fed does, we want to get the 10-year yield down,' signaling that the administration's primary focus is reducing long-term interest rates, which the restructuring plan is intended to accomplish by reducing the supply of 10-year treasuries in the market
factualpending
Speaker
Jim BiancoEvidence Quote
“Besson said yesterday we don't care what the FED does we want to get the 10e yield down...we got to get less of it less 10year notes out there in the world”
Created: 8/11/2026, 7:52:47 AM
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