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Podcast: Bloomberg Talks
Episode: US Treasury Secretary Scott Bessent Talks Trump Tax Bill, Trade and the Fed
Description: Treasury Secretary Scott Bessent indicated it wouldn’t make sense for the government to ramp up sales of longer-term securities given where yields are today, though he held out hope that interest rates across maturities will be falling as inflation slows. He spoke to host Sonali Basak about the yields, as well as the future successor for Fed Chair Powell, Trump's tax bill and the latest on trade deals.See omnystudio.com/listener for privacy information.