Scott Bessent Says ‘I Don’t Really Understand’ Oil Price Spike

EXCERPT:

BESSENT: “Once the market understands that we are focusing on fiscal consolidation, and that we are, uh, trying to bring the market back into equilibrium, uh, in a thinly traded market, I think, uh, you know, I’m confident that bonds will continue declining. We’ve got a spike in oil prices today that I don’t really understand.”

(Via Mediaite)