fiscal consolidation
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Bessent says recent bond moves have just been 'noise'
Bloomberg Television· 2026-08-20 23:42
Anything that happens within a 24-hour period is noise. And you know, I I think that once the market understands that we are focusing on fiscal consolidation and that we are uh trying to bring the market back into equilibrium uh in in a thinly traded market. I think uh you know I'm confident that bonds will continue declining.We've got a spike in oil prices today that I don't really understand. You know, our announcement is for uh economic uh action and I think that the economic action will mean that oil pr ...