🇺🇸 BESSENT OFFERS TO TEACH ELIZABETH WARREN THE BASICS OF FINANCE
U.S. Treasury Secretary Scott Bessent hit back at Senator Elizabeth Warren after she questioned why U.S. Treasury yields continued to rise despite the Treasury Department’s buyback program.
📌 Key takeaways:
- Bessent offered to teach Warren the basics of foreign exchange and bonds.
- He said Warren’s questions showed a lack of understanding of financial markets.
- At the end of the letter, Bessent handwrittenly wished her “Happy Indigenous Peoples’ Day,” which was seen as a jab tied to the earlier controversy over Warren’s Native American ancestry.
📊 Market perspective: The dispute comes as U.S. Treasury yields climb, raising questions about the effectiveness of measures intended to improve liquidity and stabilize markets. Persistently high yields could continue to put pressure on borrowing costs and risk assets, including crypto.
👇 TRADE HOT COINS HERE 👇
$KAIA
$MAGIC
$STRK
U.S. Treasury Secretary Scott Bessent hit back at Senator Elizabeth Warren after she questioned why U.S. Treasury yields continued to rise despite the Treasury Department’s buyback program.
📌 Key takeaways:
- Bessent offered to teach Warren the basics of foreign exchange and bonds.
- He said Warren’s questions showed a lack of understanding of financial markets.
- At the end of the letter, Bessent handwrittenly wished her “Happy Indigenous Peoples’ Day,” which was seen as a jab tied to the earlier controversy over Warren’s Native American ancestry.
📊 Market perspective: The dispute comes as U.S. Treasury yields climb, raising questions about the effectiveness of measures intended to improve liquidity and stabilize markets. Persistently high yields could continue to put pressure on borrowing costs and risk assets, including crypto.
👇 TRADE HOT COINS HERE 👇
$KAIA
$MAGIC
$STRK