Story perspectives
Bessent Boosts Long-Dated Bond Purchases, Investors Doubt It
8/27/2026
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Story summary
- U.S. Federal Reserve Chairman Jerome Warsh will deliver his first Jackson Hole keynote on Friday.
- 80% of 31 surveyed participants want Warsh to give more insight into his economic views.
- 45% expect no guidance, 32% a hawkish tone, and 19% neutrality from Warsh.
- Treasury Secretary Scott Bessent announced a surprise increase in long-dated off-the-run security purchases.
- 77% of surveyed participants doubt the Treasury’s bond-buying effort will succeed.
