Scott Bessent warned the bond market ‘has taken down more governments than howitzers’: That theory may give the Fed’s Warsh room to breathe this week
- Posted on September 14, 2026
- By Fortune
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- 1 min read
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Scott Bessent warned the bond market ‘has taken down more governments than howitzers’: That theory may give the Fed’s Warsh room to breathe this week
"Look, the president understands—he and I have talked about it quite a bit—... the bond market has taken out more governments than howitzers."