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Bessent's 'Bluff' 'Backfired': Pantera's Morehead

Bloomberg

BusinessBloomberg·Sep 1, 2026·1 min read

Bessent's 'Bluff' 'Backfired': Pantera's Morehead

"The only way a bluff works is if nobody at the poker table knows you are bluffing, and to slide an extra $2 billion of poker chips out onto the table...when you are a forced seller...it backfired." Dan Morehead talks about Bessent's bond…

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