EconomyBessent’s bond intervention puts US Treasury on collision course with Fed
Scott Bessent’s increased purchases of US debt threaten to undermine Federal Reserve chief Kevin Warsh’s efforts to tame inflation, putting the Treasury on a potential collision course with the central bank.
People in this report Scott Bessent
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Financial Times★★★★☆2026-08-26 04:00Original
Bessent’s bond intervention puts US Treasury on collision course with Fed