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Scott Bessent draws on hedge fund instincts to help rescue yen

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Scott Bessent draws on hedge fund instincts to help rescue yen
Scott Bessent draws on hedge fund instincts to help rescue yen
Most recent Treasury Secretary predecessors came from what is known as the sell-side of finance, but Scott Bessent, with a decades-long hedge fund career, is different.
Bloomberg
Bloomberg4 hrs ago
Treasury Secretary Scott Bessent Draws on Hedge Fund Tactics to Help Rescue Yen
Scott Bessent wanted to help Japan prop up its currency. So he decided to let the media spy on his notepad, where a to-do list included buying as much as $10 billion in yen.
Fortune
Fortune10 hrs ago
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt
The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past two generations wouldn't.”
Marca
Marca🏁 first to report3 days ago
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