

Treasury Secretary Scott Bessent, a former Soros currency trader, surprised markets by doubling Treasury's bond buyback program to push interest rates down. It worked for about 24 hours — yields dropped sharply Wednesday. By Thursday, Wall Street had figured it out and rates bounced right back up, essentially erasing the whole intervention. Total failure, and it puts Bessent at odds with Fed Chair Kevin Warsh. More people are leaving California, no surprise there. And yes, apparently Prince Harr
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