“Frozen At The Wheel”: Bessent Slams Fed For Delay On Rate Decisions In Wide-Ranging Interview US Treasury Secretary Scott Bessent on Monday criticized Federal Reserve policymakers for what he described as their hesitant posture on interest rates, while signaling that the U.S. Treasury is unlikely to alter its current strategy on debt issuance by increasing long-term bond sales. In a wide-ranging interview, Bessent said that recent yields on long-duration Treasurys make it a poor time to lengthen the government’s debt profile. “Why would we do that?” Bessent said on Bloomberg Television. “The time to have done that would have been… — Continue at ZeroHedge News : Read More
