#ScottBessentStrategy BESSENT: THIS IS WHAT’S REALLY MOVING MARKETS
Scott Bessent says the selloff has nothing to do with Greenland or political noise.
It’s Japan.
Japan’s 10-year bond market just experienced a six-standard-deviation move in two days.
That’s not volatility that’s a shock.
And it didn’t stay local:
- Japan yields blew out
- German yields jumped
- French yields jumped
- U.S. yields followed
This is how stress actually spreads.
Bessent called it a global bond shock, not a trade story.
He’s already in contact with Japanese officials to stabilize the situation.
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