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Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

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Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
CNBC
CNBC2 hrs ago
Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.
Quartz
Quartz6 hrs ago
Druckenmiller slammed Bessent's bond buyback plan as "price management" doomed to fail
The billionaire investor, an early mentor of the Treasury secretary, argued in a WSJ op-ed that governments defending prices against fundamentals always lose
MarketWatch
MarketWatch🏁 first to report9 hrs ago
He once mentored Scott Bessent. Now Stanley Druckenmiller is criticizing the treasury secretary.
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller — his long-time ally and mentor.