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Bessent Twist Sparks Fed Clash Fears as Economists Warn of Market Distortions

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Top economists, including Jeremy Siegel and Ed Yardeni, warn that Treasury Secretary Scott Bessent's bond buybacks manipulate the yield curve.
  • Dubbed the 'Bessent twist,' this intervention risks damaging market credibility and confusing Federal Reserve monetary policy signals as yields face artificial suppression.
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