Bessent's Bond Buying "Mistake" | Bloomberg Businessweek Daily 8/25/2026

Treasury Secretary Scott Bessent's mentor Stanley Druckenmiller says the Treasury's bond buying plan is a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller's reasoning for calling out his mentee, and the implications of the Treasury Secretary's moves. Then, Balance of Power Co-Anchor Kailey Leinz interviews Northrop Grumman CEO Kathy Warden about the defense industry and its relationship with the US Government. Plus, Amazon's VP of Alexa and Echo Daniel ...

The Heat on Treasury Secretary Scott Bessent Grows

Treasury Secretary Scott Bessent’s plans to intervene in bond markets has drawn widespread criticism, including from a prominent former mentor.

By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi

US Treasury’s Scott Bessent ‘making mistake’ interfering with bond markets, former mentor warns

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller 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. 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. Conti...

By Graeme Wearden

Could Iran’s regime collapse? Experts assess Bessent’s bid to sever financial lifelines

Scott Bessent's "Economic D-Day" against Iran sent the rial to an all-time low as experts debate whether maximum pressure can trigger regime change.

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.

Why Stan Druckenmiller Is Right About the Bond Market—and Warsh Knows It - Barron's

Why Stan Druckenmiller Is Right About the Bond Market—and Warsh Knows It  Barron's

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.

By Jules Rimmer

Billionaire Stanley Druckenmiller’s Op-Ed Criticizing Bessent Used AI

Druckenmiller blasted Treasury Secretary Scott Bessent’s bond buyback expansion in an op-ed published in the Wall Street Journal.

By Antonio Pequeño IV, Forbes Staff

Scott Bessent, Stanley Druckenmiller and a hedge-fund legend hoist on his own petard

The protege, the mentor, and a hedge-fund global macro strategy turned against its own pioneer as the bond vigilantes ride again.

By Nick Lichtenberg

Scott Bessent's Bond Plan 'Won't Work,' Citi Economist Says: US Fiscal Position Is 'Absolutely Out of Control'

Bessent's Iran complex strategy, requires time

The Treasury secretary's campaign to beat Iran will need time to work.

By Charley Blaine

Treasuries Gain as Oil Drop Eases Pressure on Inflation, Bessent

Treasuries gained as a decline in crude oil eased inflation concerns and the pressure on Treasury Secretary Scott Bessent, who has been moving to halt a months-long selloff that pushed the longest-dated yields to the highest in almost two decades.

By Ye Xie