CNBC August 21, 2026 • 17:51

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries - CNBC

By Jeff Cox

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries - CNBC

The so-called breakeven rate hit its highest levels in more than two months.

Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th, 2026.
Investors over the past several days have priced in a likelihood of higher in… [+5174 chars]

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