US Treasury Secretary Bessent says nothing would matter if China pulled away on AI; Iron Dome and US defense wouldn't matter if China wins AI

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US sells 3-mnth bills at high-rate 3.800%, B/C 2.61x; sells 6-mnth bills at high-rate 3.890%, B/C 2.88x

US Treasury Secretary Bessent on buybacks, says off-the-run securities are less liquid and make a market buying older bonds

US Treasury Secretary Bessent says nothing would matter if China pulled away on AI; Iron Dome and US defense wouldn't matter if China wins AI

US Treasury Secretary Bessent says Europeans don't want to engage on Russia/Ukraine; there is a path for Ukraine

US Treasury Secretary Bessent expects economy will pull more people back to workforce; seeing China's manufacturing jobs go down

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