https://www.live-feeds.com/feed/scott-bessent-s-bond-intervention-puts-us-treasury-on-collision-course-with-fedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-s-bond-intervention-puts-us-treasury-on-collision-course-with-fedhttps://www.live-feeds.com/feed/scott-bessent-s-bond-intervention-puts-us-treasury-on-collision-course-with-fed#u50623Fri, 28 Aug 2026 07:55:21 +0000Scott Bessent is intervening in the US bond market, creating a conflict between the Treasury and the Federal Reserve. While Bessent seeks to tame markets, his actions are viewed by some as a collision course with the Fed and an obstacle to the plans of central bank chief Kevin Warsh. This friction occurs as global bond yields surge and the bond market resets expectations regarding the United States. Markets are reacting with a short squeeze in US swaps and options, a phenomenon referred to as the Bessent Put.Why it mattersThe struggle centers on the balance of power over US debt and dollar pol