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Bessent warns bond-market pressure can destabilize governments

Scott Bessent said bond markets have brought down more governments than howitzers, highlighting concerns about sovereign borrowing costs and market discipline. No specific current government crisis was identified.

By DoomRadar · Published on DoomRadar .

Why it matters

Sharp bond-market stress can raise financing costs and trigger broader fiscal or political instability.

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  1. Scott Bessent on Kevin Warsh: 'Bond market has taken down more governments than howitzers' ↗fortune.com · Recorded source date: Sep 14, 2026, 2:47 PM UTC

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