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Druckenmiller Turns on His Former Pupil Bessent Over Treasury Bond Buyback Plan
By Trader Edge at 2026-09-24 13:22
Sentiment: Negative
TLDR Stanley Druckenmiller publicly criticized Treasury Secretary Scott Bessent’s plan to double bond buybacks to $4 billion The 30-year Treasury yield hit a 19-year high before the announcement, and yields briefly fell then quickly reversed Druckenmiller argues bond buybacks are “price management,” not liquidity management He says only deficit reduction will durably lower long-term yields [...] The post Druckenmiller Turns on His Former Pupil Bessent Over Treasury Bond Buyback Plan appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central