While Bessent aimed his threatening comments at yen currency traders, the media is taking notice and presuming the words were also directed at the US Treasury markets. Don't Mess With Markets), he argues the 30-year yield is " the only fiscal disciplinarian the U.S.
While Bessent aimed his threatening comments at yen currency traders, the media is taking notice and presuming the words were also directed at the US Treasury markets.
Don't Mess With Markets), he argues the 30-year yield is " the only fiscal disciplinarian the U.S.
has left," and that " every basis point of artificial yield suppression is a subsidy to procrastination." Fed Chair Warsh has limited forward guidance to better hear the bond market's message.
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
While Bessent aimed his threatening comments at yen currency traders, the media is taking notice and presuming the words were also directed at the US Treasury markets. Don't Mess With Markets), he argues the 30-year yield is " the only fiscal disciplinarian the U.S. has left," and that " every basis point of artificial yield suppression is a subsidy to procrastination." Fed Chair Warsh has limited forward guidance to better hear the bond market's message.
In our summary of Druckenmiller's editorial (Druckenmiller Has A Warning: This runs opposite to Warsh and Druckenmiller's views. There's a real irony here, as we elaborate in a section below.
Open the app view to save this story, compare related coverage, and continue from the same source.