Bessent threatening Iran with an ‘economic D-Day’ shows he’s panicking as US bonds sell off

The US Secretary of the Treasury, Scott Bessent, wrote an opinion piece for the Financial Times in which he threatened an “economic D-Day” for Iran, but Yanis Varoufakis has interpreted the bizarre rhetoric as a sign that Washington is not just panicking but has slipped into outright despair. Bessent: panicking This all happened while Bessent’s efforts […] By Nandita Lal