https://www.live-feeds.com/feed/us-treasury-s-scott-bessent-will-lose-battle-with-bond-markets-former-mentor-warnsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-treasury-s-scott-bessent-will-lose-battle-with-bond-markets-former-mentor-warnshttps://www.live-feeds.com/feed/us-treasury-s-scott-bessent-will-lose-battle-with-bond-markets-former-mentor-warns#u49220Wed, 26 Aug 2026 12:11:02 +0000The US Treasury's plan to lower interest rates through bond buybacks is facing skepticism from market experts. Treasury Secretary Scott Bessent aims to tap the near $1 trillion Treasury General Account to fund bond buybacks. However, his former mentor, billionaire Stanley Druckenmiller, warns that Bessent will lose the battle with bond markets. The plan is seen as an attempt to suppress bond yields and put the 'fear of God' into bond vigilantes.Why it mattersThe US Treasury's plan to lower interest rates through bond buybacks comes amid a precarious fiscal position, with th