Trump denies instructing Pisent on bond market

The article covers statements and developments regarding the U.S. Treasury bond market. U.S. President Donald Trump confirmed that he did not instruct Treasury Secretary Scott Pruitt to intervene in the bond market, noting that Pruitt made the decision himself based on his understanding of the situation. This comes amid concerns about rising long-term Treasury yields due to increasing U.S. government debt and inflation levels, which have led to supportive measures by the Treasury Department, including doubling bond buyback operations, aimed at lowering yields and calming financial markets. Pruitt is scheduled to hold a press conference on Monday to reveal details of sanctions on Iran and upcoming financial measures, amidst warnings of economic repercussions for countries that provide support to Iran.

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