Trump Wants Lower Rates: Can Scott Bessent Calm the Bond Market Amid High Inflation?

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Politics

10 August 2026 at 12:18 am

Trump Wants Lower Rates: Can Scott Bessent Calm the Bond Market Amid High Inflation?

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Summary

Scott Bessent is attempting to lower US bond yields, but faces challenges from high inflation, large deficits, and Treasury debt, despite Trump's desire for lower interest rates.

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