Bessent's Bond Buying "Mistake" | Bloomberg Businessweek Daily 8/25/2026

Treasury Secretary Scott Bessent's mentor Stanley Druckenmiller says the Treasury's bond buying plan is a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller's reasoning for calling out his mentee, and the implications of the Treasury Secretary's moves. Then, Balance of Power Co-Anc

August 25, 2026 8:53 AM ET Billionaire investor Stanley Druckenmiller, who mentored Treasury Secretary Scott Bessent during their years working together at George Soros’ hedge fund, warned Monday that the Treasury Department’s expanded bond-buyback program amounted to an attempt to manipulate prices and could undermine

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor. Billionaire investor Stanley Druckenmill

The Wild Week When Scott Bessent Was Schooled by the Bond Market  WSJ