Dossier
Blake Gwinn
Coverage of Blake Gwinn in the Nexus archive.
- Bessent seen rebuffing Wall Street on guidance for U.S. debt sales
Treasury Secretary Scott Bessent’s team has rejected Wall Street’s recommendations to adjust guidance on U.S. debt sales, with dealers anticipating no changes in issuance levels for several quarters. The current strategy relies on short-term bills to manage borrowing costs, despite risks from potential Federal Reserve rate hikes and rising long-term bond yields.