Druckenmiller rebukes mentor Bessent's Treasury bond-buying strategy

On 2026-08-25, billionaire investor Stanley Druckenmiller, who mentored US Treasury Secretary Scott Bessent early in his hedge fund career, publicly criticized Bessent's plan to spend billions buying Treasury bonds as a mistake. Druckenmiller revealed he used artificial intelligence to draft his Wall Street Journal op-ed.

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Bessent’s Mentor Druckenmiller Calls Bond Buying a Mistake

rss:bloomberg-marketsus_mainstream35d ago kagi ↗

Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading into the bond market. Bessent has recently pledged to increase the Treasury’s purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world’s most important debt marke

Bessent's Bond Buying "Mistake" | Bloomberg Businessweek Daily 8/25/2026

rss:bloomberg-politicsus_mainstream35d ago kagi ↗

Treasury Secretary Scott Bessent's mentor Stanley Druckenmiller says the Treasury's bond buying plan is a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller's reasoning for calling out his mentee, and the implications of the Treasury Secretary's moves. Then, Balance of Power Co-Anchor Kailey Leinz interviews Northrop Grumman CEO Kathy Warden about the defense

From yesterday. "Stanley Druckenmiller, a billionaire investor, said he used artificial intelligence to pen his viral Wall Street Journal op-ed in which he sharply criticized the interference of Scott

mastodon:infosec-exchangeother34d ago kagi ↗

From yesterday. "Stanley Druckenmiller, a billionaire investor, said he used artificial intelligence to pen his viral Wall Street Journal op-ed in which he sharply criticized the interference of Scott Bessent, the US treasury secretary, in the US bond market." The Guardian: Billionaire investor says he used AI to write critique of former mentee Scott Bessent https://www. theguardian.com/us-news/20