Business & Economy · 1 views
U.S. Treasury’s bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch
Treasury Secretary Scott Bessent isn’t short of investors keen to rap his knuckles—and his friend and mentor, Stan Druckenmiller, was at the front of the queue.
AI Summary
Treasury Secretary Scott Bessent faced criticism for his recent effort to influence bond market prices, with many investors openly challenging him. His friend and mentor, Stan Druckenmiller, was among the first to confront the Treasury chief.
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