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The Business Brief FRIDAY, 21 AUGUST 2026
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Markets

Surging Yields Will Hurt Banks — Just Not Equally

1 source ·1 article ·1h ago

Treasury Secretary Scott Bessent's buybacks highlight that neither the Treasury nor the Fed can control market yields, which are surging due to US debt and the Iran war.

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Forbes 1

All coverage · 1 article

Forbes Business ·1h ago

Surging Yields Will Hurt Banks — Just Not Equally

Treasury Secretary Scott Bessent's buybacks highlight that neither the Treasury nor the Fed can control market yields, which are surging due to US debt and the Iran war.