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Scott Bessent’s bond buyback strategy draws criticism from Druckenmiller, JPMorgan: ‘Paying mortgage with credit card’

livemint_markets · 2026-08-25 · Bearish AI sentiment

$JPM

The US Treasury's $4 billion increase in long-term bond purchases faces criticism from experts like Stanley Druckenmiller and James Sullivan, who argue it undermines market credibility and fails to address rising government debt supply and future borrowing costs.

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