**[Traders Ignore Besent's Tough Talk, U.S. Bonds and Oil Prices Move in Opposite Directions]** According to a report by Golden Finance on September 10, citing foreign media, U.S. Treasury Secretary Besent repeatedly warned investors that going against him would lead to their financial ruin. He insisted that whether investors are driving up oil prices, suppressing the yen, or pushing up U.S. bond yields, they are making a grave mistake—because he stands on the other side of the trade, armed with critical government policy plans that investors lack. In game theory terms, this is referred to as "information asymmetry," a concept Besent frequently emphasizes. However, since Besent began making tough statements about the bond and oil markets—both of which are closely tied to the well-being of the American public—the market trends have moved contrary to his intentions. Mark Spindel, founder and Chief Investment Officer of Potomac River Capital, commented, "The market has seen through his bluff." He added that massive federal deficits, coupled with concerns about the Federal Reserve's ability to curb inflation, have cast a shadow over Besent's initiatives. (Jin10)