How Scott Bessent is getting ready to slam Wall Street's 'bond
vigilantes': 'Fear of God'
opalesque
1 month ago
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Treasury Secretary Scott Bessent is determined to put the "fear of God" into bond vigilantes selling long-dated Treasurys, according to people familiar with his thinking. Bessent is particularly concerned that continued selling could push the 10-year Treasury yield toward 5%, incre...
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