U.S. Treasury Secretary Scott Bessent addressed several key issues in recent public remarks and interviews. He stated that tariffs on China are not sustainable over the long term and dismissed concerns that foreign nations are dumping U.S. Treasury securities, attributing recent market declines instead to deleveraging by funds and banks. Bessent highlighted increased foreign demand at recent 10- and 30-year Treasury auctions as evidence against the notion of foreign selling. On market volatility, he said the VIX index has spiked but likely reached its peak. Bessent also revealed that he meets weekly for breakfast with Federal Reserve Chair Jerome Powell, where they discuss a broad range of topics, and emphasized that the Treasury is far from any emergency "break the glass" situation. Regarding market stabilization tools, Bessent indicated the Treasury has a "big toolkit" and could increase buybacks of off-the-run Treasury securities if necessary, as an alternative to quantitative easing. He also noted that China is unlikely to weaponize U.S. Treasuries due to risks to its currency and exports. These remarks come amid broader discussions on trade tensions, market volatility, and debt issuance policies.