Tuesday, 25 August 2026 · World
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EUROS The World Financial Report
Nº 45 Tuesday, 25 August 2026 · World Edition
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Scott Bessent’s bond buyback strategy draws criticism from Druckenmiller, JPMorgan: ‘Paying mortgage with credit card’

mint - markets · 1h ago · 🇮🇳 India
Scott Bessent’s bond buyback strategy draws criticism from Druckenmiller, JPMorgan: ‘Paying mortgage with credit card’

The US Treasury's $4 billion increase in long-term bond purchases faces criticism from experts like Stanley Druckenmiller and James Sullivan, who argue it undermines market credibility and fails to address rising government debt supply and future borrowing costs.

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