Tuesday, August 25, 2026

US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns

The billionaire investor Stanley Druckenmiller, who worked with Bessent at George Soros’s fund management firm in the 1990s, has warned that his former pupil is courting danger by trying to suppress US bond yields.

 https://www.theguardian.com/business/2026/aug/25/us-treasury-scott-bessent-bond-buying-donald-trump-stanley-druckenmiller

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