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Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up

Bloomberg
Bloomberg
by Greg Ritchie and Michael MacKenzie
Aug 23, 2026 · 6:30 PM
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Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up
Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.
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