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Bond traders believe Bessent’s ‘band-aid’ was ‘a heinous financial crime’

August 21, 2026
in News
U.S. set to pay most for 30-year debt in quarter of a century

Good morning. On Fortune’s radar today:

  • Exclusive: Venezuela likely to go for dollarization of its currency to cure hyperinflation.
  • Bond traders say Bessent’s ‘band-aid’ is ‘a heinous financial crime.’
  • Markets: Bitcoin is back! (A bit.)
  • The 60/40 portfolio, RIP.
  • What 5 million tons of seaweed did to Mexico’s hotel industry.
  • Tim Cook added $32 million per hour to Apple’s market cap, every single hour of his 15-year tenure.
  • Seafood truck crash creates 8-hour-long ‘Squidpocalypse.’

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The post Bond traders believe Bessent’s ‘band-aid’ was ‘a heinous financial crime’ appeared first on Fortune.

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President Trump said on Monday that he was “looking at” firing Kimberly Guilfoyle, the U.S. ambassador to Greece, following revelations ...

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