*Walter Bloomberg
*Walter Bloomberg|Aug 25, 2026 10:43
DRUCKENMILLER BLASTS BESSENT’S BOND INTERVENTION Hedge-fund veteran Stanley Druckenmiller criticized Treasury Secretary Scott Bessent’s plan to buy long-term Treasurys to lower yields, calling it a “mistake.” He argues rising borrowing costs reflect deeper problems: persistent inflation, widening deficits and $40 trillion in national debt. Druckenmiller warned that suppressing long-term yields only delays necessary fiscal reforms, calling the Treasury yield America’s key remaining fiscal disciplinarian.(*Walter Bloomberg)
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