Rabobank: Bessent’s Buyback Looks A Lot Like “Whatever It Takes”, And Druck Isn’t A Fan By Michael Every of Rabobank US Treasury Secretary Bessent took out a tactical nuke in saying he could use $1trn from the Treasury General Account to fund Special Military Operation Twist bond buybacks vs. the $2bn per round increase we saw last week. That looks a lot like the ‘Whatever It Takes’ mentioned yesterday: his former mentor Stan Druckenmiller is not a fan, apparently. He also launched ‘Operation Economic Outcast’ to isolate and squeeze Iran further on top of US sanctions and a blockade against… — Continue at ZeroHedge News : Read More
