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Top economist on Trump’s ‘deadly cocktail’ for the bond market—and how the bond vigilantes have crossed Scott Bessent’s ‘red line’

ByW.B.D. Editorial Desk· August 19, 2026
Top economist on Trump’s ‘deadly cocktail’ for the bond market—and how the bond vigilantes have crossed Scott Bessent’s ‘red line’

"The bond vigilantes have come out of hibernation," Johns Hopkins' Steve Hanke told Fortune, and "the inflation genie is out of the bottle."…

Read the full story at Fortune →