Trump-Bessent team is starving the long end T-bills flood the short end Fed under pressure Dollar down 10.4% Curve steepens Bessent: “I will do what the president wants”
The Trump-Bessent Treasury is not calling it yield curve control, but the structure is already in motion. No formal announcement. No coordination with the Fed. Just a sequence of moves that point in one direction. The long end of the curve is being starved. The short end is being flooded with T-bills. The Fed is …
