Press conference set for 2pm ET at Treasury today.
Expected to detail the “toughest sanctions in history” on Iran.
Package billed as economic D-Day to isolate Tehran further.
Secondary sanctions on countries still dealing with Iran likely.
May also address long-bond buybacks and the TGA cash pile.
Markets waiting for any signal on yields and oil.
https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html
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