Dollar Risks Becoming Biggest Loser From Bessent’s Bond Buying
Treasury Secretary Scott Bessent’s bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price.
By Ruth Carson and Momoka Yokoyama · Bloomberg Markets
Treasury Secretary Scott Bessent’s bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price.