How Bessent Played Japan: A Hedge Fund Veteran’s Guide to Deflecting Blame

Jan 21, 2026 - 04:15
How Bessent Played Japan: A Hedge Fund Veteran’s Guide to Deflecting Blame
Treasury Secretary Scott Bessent, a hedge fund veteran who spent decades trading currencies and bonds, has emerged as the Trump administration’s chief crisis manager in global markets—accurately diagnosing Japan’s historic bond selloff while strategically framing the narrative to shield the White House from blame over its aggressive Greenland campaign. The playbook reveals how the former...

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