The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.Treasury Secretary Scott Bessent surprised Wall Street in announcing a new intervention in the bond market. Did he take the Fed by surprise, too?
Did Bessent Put the Fed in a Bind?
Scritto il 20/08/2026
da Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi and Anita Raghavan