Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake
Business & Finance

Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake

Bloomberg Markets Thursday 20 August 2026, 10:20 UTC By Phil Serafino 1 min read
Key Points

Currencies, gold and Bitcoin prices all reacted to Bessent’s bond buyback gambit.

Currencies, gold and Bitcoin prices all reacted to Bessent’s bond buyback gambit.
Scott Bessent (PERSON) Bitcoin (ORG) Bessent (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Rising TempsThreaten Some of America’s Fishing Destinations

Dwindling snowpack has long been a problem for the US ski industry. Now it’s putting some of the most prized fishing destinations in the West at risk. Nathan Risser explains (Source: Bloomberg)

Bloomberg Markets 11m ago

Oil Prices Jump After Trump’s Latest Iran Threat

Bond markets remained volatile, as investors assessed the geopolitical turmoil.

NYT Business 20m ago

Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.

Bloomberg Markets 24m ago

Oil prices jump after Trump declares economic war on Iran

West Texas Intermediate and Brent crude’s front-month contracts both climbed after President Donald Trump said he was launching a “crushing economic operation” against Iran.

MarketWatch 26m ago