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Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake
Scott Bessent's actions have reportedly moved markets everywhere, with a large amount at stake. Currencies, gold, and Bitcoin prices reacted directly to his bond buyback gambit.
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Adjacent reporting
- Bessent’s Plan at Best ‘Circuit Breaker’ for Global Bond Slump
- Dollar Risks Becoming Biggest Loser From Bessent’s Bond Buying
- Why Bessent’s Treasury operations have breathed life back into the gold trade
- Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt