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Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart

The Guardian

BusinessThe Guardian·Aug 23, 2026·1 min read

Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart

Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic about that $40tn number,” the US Treasury secretary, Scott Bessent, told CNBC insouciantly last week, as the…

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