Summary of Scott Bessent’s latest interview:

The objective is clear—bring down U.S. 10-year yields and successfully complete the country’s debt refinancing. While there’s no "Trump put" for equities or crypto, it appears to be in place for U.S. bonds.

https://www.youtube.com/watch?v=lSma9suyp24

1. Debt and Deficit Reduction Strategy (23:06 - 27:35)
2. Government Inefficiencies and Conflicts of Interest (32:26 - 43:58)
3. U.S. Treasury’s Debt Refinancing Issues (39:35 - 43:58)
4. Energy Policy and Economic Competitiveness (57:18 - 1:11:13)
5. Housing Affordability Issues and Future Reforms (1:08:45 - 1:11:13)