'Don't fight Bessent's Treasury' is new mantra in US bond market

This 62-year-old financier, who has classed with George Soros' London teams, continues the policy of commercial destabilization advocated by the American president. Passionate about real estate, this recent convert to trumpism is hated by the far right, due in particular to his homosexuality.

'Don't fight Bessent's Treasury' is new mantra in US bond market

Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates the administration’s plan to push them down and keep them down. Some of this is normal — keeping government borrowing costs in check has long been part of the job — but Bessent’s fixation on the benchmark US note is so intense that he’s forced some on Wall Street to tear up their predictions for 2025.…

‘Don’t Fight Bessent’s Treasury’ Is New Mantra in US Bond Market

Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates the administration’s plan to push them down and keep them down.