Jackson Hole Preview: Warsh And Bessent Collide

Warsh wants an “unfiltered message from markets,” while Bessent is buying long Treasuries because he says yields no longer reflect the underlying fundamentals. AI hyperscalers issued $220bn of debt through August 10, versus $12.5bn in the comparable 2025 period, while Treasury is fighting for basically the same capital.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 1 month ago

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News ID #10,062

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