Bond Market Expert: Deleveraging Isn’t a Systemic Threat, but Watch Out for China’s Currency Moves

Recent comments on the state of the bond market were made by renowned analyst Steve Bessent, who drew attention to the current situation in this financial segment. Bessent noted that the process of deleveraging in the bond market is not a systemic threat, despite the volatility seen lately. However, he warned about potential consequences associated with recent changes in China’s currency policy.

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