Published Aug 23, 2026, 6:53 AM ET · Updated 3 months ago · 1 source
US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
guardian
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Original Report
INFERY
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. The billionaire investor Stanley Druckenmiller, who worked with Bessent at George Soros’s fund management firm in the 1990s, has warned that his former pupil is courting danger by trying to suppress US bond yields. Enter your email to keep reading - for free. It takes just 30 seconds We’re committed to keeping our quality reporting ope