S cott Bessent often says he wants to be America’s “top bond salesman”. For the treasury secretary, falling bond yields would be a sign of success. An accountant might raise an eyebrow, though, on encountering a salesman who juiced his figures by purchasing his own wares.

Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.

Treasury Secretary Scott Bessent was roasted online Thursday after admitting he doesn't "really understand” the spike in oil prices, prompting Fox News’ Jessica Tarlov to fire back, “Literally

The Treasury secretary signaled the department is prepared to expand its debt repurchase program just one day after doubling it

Plus, U.S. debt reaches $40 trillion, and the Army cuts a much-heralded drone unit as it goes “back to basics.”

This week, the global market was abuzz with news from JPMorgan Chase & Co. JPM, the U.S. Treasury, and prominent figures like Scott Bessent and Jim Cramer. Here’s a quick recap of the top stories from the week.

"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a currency once it enters a devaluation spiral."

The bond market has been sending distress signals for months. With public debt surpassing $40 trillion and the 30-year Treasury yield touching levels last seen in 2007, Washington has had a buyer’s strike problem on its hands.