The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Critics warn Bessent Treasury buybacks weaken dollar without Fed support

Analysts and commentators argue the current bond-buying program lacks Federal Reserve backing and risks currency depreciation.

Priya Anand
Markets Analyst
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As of 2026-08-24 01:42 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Academy Securities analyst Peter Tchir stated that Treasury Secretary Scott Bessent's recent bond-buying operations are insufficient without Federal Reserve support. [1]