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Bessent Gets a Warning on Deficits From the Bond Market
Bessent received a warning regarding deficits from the bond market. This economic concern was highlighted by recent auction results, which showed that the 30-year yield reached its highest level since 2001.
Related Signal
Adjacent reporting
- Why a Costly US Bond Sale Is a Warning to Bessent
- Higher for Longer Yields Seen Posing Risk to Equities
- Bessent seen rebuffing Wall Street on guidance for U.S. debt sales
- How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall
- 30-Year Yield Rises as Bond Selloff Deepens