Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading into the bond market.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-25/druckenmiller-bessent-s-early-mentor-calls-bond-buys-a-mistake)

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