Bessent's Bond Buyback Backfires as Inflation Fears Rattle Markets Before Jackson Hole
Treasury Secretary Bessent's oversized bond buyback plan spooked inflation expectations instead of calming them, raising the stakes for Fed Chair Kevin Warsh's Jackson Hole debut. Plus, U.S.-Canada trade talks collapse as 50% tariffs and retaliation kick in. In this episode: • Bessent's bond buyback plan backfires, sparking inflation fears and pressuring the Fed — https://www.cnbc.com/2026/08/21/bessents-bond-gambit-aimed-at-calming-markets-is-instead-stirring-inflation-worries-.html • U.S. imposes 50% tariffs on Canadian goods after trade talks collapse —…
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