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‘Drop in the bucket’: Why Wall Street will shrug off Bessent’s bond market plans - Politico

‘Drop in the bucket’: Why Wall Street will shrug off Bessent’s bond market plans - Politico

The action by Treasury Secretary Scott Bessent comes amid a selloff of longer-term U.S. government debt.

Trump has spoken about how bond yields react to his agenda, and famously hit pause on his Liberation Day tariffs after the market got yippy. Bessent a former hedge fund executive with strong relation… [+2513 chars]

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