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Druckenmiller, Bessent’s Early Mentor, Calls Bond Buys a Mistake

Bloomberg
Bloomberg
by Matthew Thomas
Aug 25, 2026 · 8:03 AM
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Druckenmiller, Bessent’s Early Mentor, Calls Bond Buys a Mistake
Stanley Druckenmiller, the billionaire investor who mentored Scott Bessent in his early career as a hedge fund trader, called the Treasury secretary’s plan to spend billions buying back US bonds a mistake.
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