Bessent thought he could manipulate the market by claiming “I AM THE HOUSE,” only proves his background is NOT as a trader. Rather than falling, yields surged to multi-year highs in the days following the announcement. Thus, his boisterous claim “bet against” him if you dare was laughable and he lost showing the same mentality that I always traded against. They think they can manipulate the world and its always about power and money.
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