Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’
3 outlets - including Bloomberg, Marketwatch and Ft - are covering this story. Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University’s business school on Tuesday night he made perhaps the most strident comment of his governmental career.
Covered by 3 outlets
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Bessent says ‘I am the house now.’ What it means for the yen — and U.S. stocks.
Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University’s business school on Tuesday night he made perhaps the most strident comment of his governmental career.
‘I am the house now’: Bessent warns currency traders not to bet against yen
Comments follow last month’s rare joint intervention with Tokyo to support Japanese currency
Bessent Dares Traders on Yen Bets: ‘I Am the House Now’
Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan’s currency, touting that when he makes market calls nowadays he’s effectively doing so with inside information. Bloomberg's Sunny Bangia breaks d…
Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’
Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan’s currency, touting that when he makes market calls nowadays he’s effectively doing so with inside information.