Macro Finance
Scott Bessent 'May Have Overplayed His Hand'
Bloomberg Markets·September 11, 2026·1 min read
Treasury yields are pushing toward 5% ahead of US inflation data that could determine expectations for a Federal Reserve rate hike next week. Treasury Secretary Scott Bessent dismissed concerns, saying the market is in 'very good shape,' but Barclays' Julien Lafargue said Bessent may have overplayed his hand.
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