WASHINGTON, DC - SEPTEMBER 15: U.S. Treasury Secretary Scott Bessent testifies during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

WASHINGTON, DC - SEPTEMBER 15: U.S. Treasury Secretary Scott Bessent testifies during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

WASHINGTON, DC - SEPTEMBER 15: U.S. Rep. Maxine Waters (D-CA) questions U.S. Treasury Secretary Scott Bessent during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

WASHINGTON, DC - SEPTEMBER 15: U.S. Rep. Maxine Waters (D-CA) questions U.S. Treasury Secretary Scott Bessent during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

US Treasury Secretary Scott Bessent testifies during a House Financial Services Committee hearing on the state of the international financial system on Capitol Hill in Washington, DC, on September 15, 2026. (Photo by ROBERTO SCHMIDT / AFP via Getty Images)

WASHINGTON, DC - SEPTEMBER 15: U.S. Treasury Secretary Scott Bessent testifies during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

WASHINGTON, DC - SEPTEMBER 15: U.S. Treasury Secretary Scott Bessent testifies during an annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)

WASHINGTON, DC - SEPTEMBER 15: A person blocks a protestor as they interrupt the annual House Committee on Financial Services hearing on the state of the international financial system in the Rayburn House Office Building on September 15, 2026 in Washington, DC. Despite Bessent ordering the Treasury Department to buy back $5.2 billion of long-dated debt, the yield on 10-year Treasury bonds surpassed 5 percent on Monday for the first time since 2023 and only the second time since the 2008 financial crisis. (Photo by Chip Somodevilla/Getty Images)