Billionaire investor Stanley Druckenmiller has criticised US Treasury Secretary Scott Bessent’s decision to expand purchases of long-dated government bonds, arguing that policymakers should allow the bond market to determine yields rather than attempting to influence prices, according to a report by Bloomberg.
Druckenmiller, who mentored Bessent during the Treasury secretary’s early career as a hedge fund trader alongside George Soros, made the comments in a Wall Street Journal opinion article a...
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