Bessent defends Treasury intervention after Druckenmiller criticism

Bloomberg · 7 hours ago
  • Bessent said he spoke with Druckenmiller after the investor criticized his recent bond-market intervention.
  • Bessent said Treasuries outperformed because of the same intervention.

Quotes

Stan’s a great investor. He changes his mind a lot, and he doesn’t like losing money. I think he lost money the day he sent in the editorialScott Bessent

Sources