Topic: Treasury Twist

1 chapters across the catalog

Caconian
Episode 1897 1:15:32 - 1:19:09

1897: Caconian

Treasury Twist, Janet Yellen Precedent

The hosts compare Bessent's current strategy to the "Treasury Twist" previously utilized by Janet Yellen. While Bessent and other advisors once criticized Yellen for being "opportunistic" with bond auctions, they are now employing similar tactics on a larger scale. Bessent claims to have "asymmetric information" that justifies these interventions to stabilize the market.