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Are The Walls Closing in on Bessent?

Far from suggesting financial Armageddon, US Treasury Secretary Scott Bessent’s futile efforts to keep a lid on Treasury yields suggest that, once again, the dollar is America’s currency, but everyone else’s problem. But while investors have few alternatives, the bond-salesman-in-chief cannot be complacent.

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Project Syndicate broke the news in Prague, Czechia on Monday, August 31, 2026.
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