Bessent’s move to tamp down rising rates backfires, as bond yields jump and stocks tumble

OMEGAZEPRIME News
Published on September 9, 2026 • Originally reported by Steve Kopack. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Bonds sharply sold off and stocks after Treasury Secretary Scott Bessent’s latest effort to tamp down what he called market “fever” backfired.
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