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Former chief to Bessent: ‘Let the bond market speak’

When he worked for George Soros, Stanley Druckenmiller had a promising strategist by his side. His name was Scott Bessent — the current US Treasury Secretary. Now, the former boss thought it best to offer advice to his protégé, who has been facing a credibility crisis while trying to tame the steep rise in interest rates in the market.

Former chief tells Bessent: ‘Let the bond market speak’

When he worked for George Soros, Stanley Druckenmiller had a promising strategist by his side. His name was Scott Bessent — the current US Treasury Secretary. Now, the former boss thought it best to offer advice to Bessent, who has been facing a credibility crisis while trying to tame the surge in interest rates in the Treasuries market.

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