Event Brief
Bessent says bond-market intervention critique conversation went fine
By The BriefBrief · Sources (2)
Filed: Aug 31, 2026 at 6:02 PM ET
Summary: Treasury Secretary Scott Bessent defended the Trump administration’s bond-market intervention at a G20 finance ministers meeting, telling CNBC he spoke with investor Stanley Druckenmiller after Druckenmiller’s Aug. 24 op-ed and that the discussion “went fine.” Bessent said U.S. bond yields have been flat since the president took office while other yields rose.
WHO: Scott Bessent
WHAT: Bessent pushed back on Stanley Druckenmiller’s critique of the Treasury’s bond-market intervention, saying their conversation went “fine.”
WHEN: Aug 31, 2026
WHERE: Asheville, North Carolina, USA
WHY: Bessent was responding to Druckenmiller’s critical Wall Street Journal op-ed criticizing the Treasury’s larger government debt repurchase program.
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