Bessent's bond market strategy may heighten tensions with the Fed, impacting fiscal policy credibility and future borrowing costs. The post Scott Bessent wages war on bond market as Treasury yields hit 19-year highs appeared first on Crypto Briefing .
(Washington = Yonhap News) Correspondent Hong Jeong-gyu = U.S. Treasury Secretary Scott Besant appears to be in a desperate situation. Far from cutting interest rates, rates in the bond market are surging...