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Bessent Says He Can't Control the Bond Market

Original: US Treasury Secretary Scott Bessent Admits He Can't Control the Bond Market and Bitcoin Is Listening

US Treasury Secretary Scott Bessent has conceded that he cannot control the bond market, a remark drawing attention among investors and bitcoin proponents. Commentators in financial media are reading the admission as a signal of limited official influence over long-term yields, and some in the crypto community argue it strengthens the case for bitcoin as an alternative outside government control.

Why now: His candid admission about the limits of Treasury's power over bond yields is fueling debate about fiscal credibility and bitcoin's appeal.

Scott BessentUS Treasury DepartmentBitcoinbond market

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Evidence

• US Treasury Secretary Scott Bessent Admits He Can't Control the Bond Market and Bitcoin Is Listening · CCN.com
• US Treasury Secretary Scott Bessent Admits He Can't Control the Bond Market and Bitcoin Is Listening · Yahoo Finance

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