[U.S. Senator Questions Bessent, Demands Explanation for Treasury's 'Unprecedented Intervention' in the U.S. Bond Market] BlockBeats News, October 7: U.S. Democratic Senator Elizabeth Warren has raised a series of questions to U.S. Treasury Secretary Scott Bessent regarding the Treasury Department's recent 'unprecedented and chaotic' interventions in the U.S. bond market. Warren asked Bessent to explain how the Treasury plans to fund bond buybacks by reducing cash balances and what measures will be taken to lower long-term U.S. Treasury yields. She also inquired whether the Treasury has assessed the impact of rising long-term Treasury yields on consumer financing costs, including auto loans and mortgage rates.