Bessent Manipulating The Bond Market & Tariffs
QUESTION: Mr. Armstrong, I am new to your services and I attended the Tampa Conference. You have opened my eyes to see the world as a whole. A famous analyst just said and it is becoming a glaring issue that they are only domestically focused as you said blind to everything outside the United […]
Source: Armstrong Economics
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DW NOTE
Bessent is a Treasury Secretary running bond jawbone like a prop trader managing his book. When yields spike, he talks dovish to coax buyers back in; when they fall too fast, he hints at supply concerns to brake the rally. The goal isn't price discovery — it's managing the $1.9 trillion deficit rollover without admitting the US has lost control of its cost of capital.