[Bessent refuted concerns about pressure on the U.S. debt market] August 31 (Xinhua) U.S. Treasury Secretary Bessent on Sunday refuted outside concerns about the rising size of the U.S. debt and criticism of the U.S. Treasury Department's measures to manage market volatility, saying that the market's performance contradicted claims that investors were uneasy. "First of all, I'm not sure where the so-called bond market turmoil lies," Bessant said, noting that the U.S. Treasury market has "performed best" this year among other major bond markets around the world. Bessant also said the United States is in a better position than many advanced economies because its economy continues to grow even in the face of large budget deficits. Bessant said energy prices and inflationary pressures from the Iran conflict have pushed yields higher, but he expects those factors to fade over time. He added that rising yields reflected confidence in the U.S. economy. Bessant also refuted the doubts expressed by some central bank policymakers about the U.S. Treasury Department's unexpected increase in the scale of Treasury repurchases, denying that this measure distorted the market or broke the traditionally predictable operating practices of the U.S. bond market.