Scott Bessent Says U.S. Bonds Are Beating the Rest of the World Despite Wall Street's Warnings

Treasury Secretary Scott Bessent, speaking Aug. 31, 2026 on CNBC’s Squawk on the Street, reframed the prevailing Wall Street debate over whether the long end of the U.S. Treasury yield curve reflects dysfunction or resilience. The article provides no new yield/curve level, policy action, or quantitative guidance, so near-term impact is likely limited.