
US Treasury Secretary Bessent Defends Economic Outlook Amid Bond Market Volatility
Treasury Secretary Scott Bessent dismissed recent bond market sell-offs and pushed back against criticism from investor Stanley Druckenmiller, emphasizing strong underlying U.S. economic growth. His remarks aim to stabilize market sentiment while defending the administration's fiscal trajectory.
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Billionaire Stanley Druckenmiller gets sharp response from Scott Bessent
Stanley Druckenmiller sounds alarm on Treasury’s bond strategy, but his former protégé Scott Bessent says the billionaire may have lost money on the trade.
By Silin Chen
Read full article →Bessent shrugs off bond market sell-off as he touts US growth
By Kyle Fitzgerald
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