TREE NEWS reports: US Treasury Secretary Scott Bessent, known for his hedge fund past, is aggressively intervening in markets to suppress long-term borrowing costs, including doubling buybacks of 10-30 year Treasuries and coordinating yen intervention with Japan. Critics argue these actions violate Treasury principles and fail to address structural fiscal issues.
Bessent’s ‘Soros-style’ moves to defend US Treasuries
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