Published Aug 24, 2026, 10:33 PM ET · Updated 3 months ago · 2 sources

Druckenmiller, Bessent’s Early Mentor, Calls Bond Buys a Mistake

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Original Report

Stanley Druckenmiller, the billionaire investor who mentored Scott Bessent in his early career as a hedge fund trader, called the Treasury secretary’s plan to spend billions buying back US bonds a mistake.