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Bloomberg Markets
Treasury Secretary Scott Bessent’s surprise plan to tamp down US borrowing costs by expanding bond buybacks may have sparked fierce debate about its ultimate effectiveness, but key market metrics and positioning show that it’s having an impact.
Bloomberg Markets
Guggenheim Investments, the asset-management arm of Mark Walter’s Guggenheim Partners, is telling lenders that affiliates may look to buy portions of a loan issued by its financing entity after the debt’s value collapsed in recent weeks.
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Bloomberg Markets
Representative Gabe Amo, a Rhode Island Democrat, called the US threat of sanctions against countries doing business with Iran more of the president's "piecemeal strategy" that's leaving the administration "grasping at straws." (Source: Bloomberg)