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Stocks sell off as bond yields resume their rise
The WSJ reports that Treasury buybacks could exceed $4 billion, a signal that investors may need to reassess near-term supply and demand dynamics in Treasuries.
US stocks fell during the session as bond yields moved higher again, reinforcing a risk-off mood tied to rates, according to WSJ Markets.
The outlet also pointed to comments from Bessent indicating that Treasury buybacks could run above $4 billion, which may affect how investors think about Treasury supply and demand.
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