Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency. “I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Bessent said at a Southern Methodist University event in Texas on Tuesday. Ven Ram of Bloomberg MLIV has the details.
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"I am the house." And how is that working out for you?
Wait. By throwing billions to buy bonds and prop up prices, isn't that helping big holders like China to sell their holdings without big losses? Isn't it the fear of losses that stops China from dumping now?
The market is always the only house
👍👍👍👍👍🙏🙏🙏🙏🙏♻️💯👍🏻💞💞
Trump won't send troops into Iran before the midterms because he knows that would turn voters against him. If he can bribe them with a $5k vote, what's the bet it happens soon after the midterms?
“Bet against me if you want.” = PLEASE DONT CALL MY BLUFF
Jesus Christ is the House.
"I aM ThE HouSe nOw" LOL, and the 10Y just broke 5% AGAIN, what a complete moron Bessent is.
ok. mr. House…. Yeah it is starting to look like fallout new Vegas.
House betting against itself is pretty much a psycho 😂
What could possibly go wrong
Does he remember how the house did the last time he was involved in this kind of trade?
No, he said, "I am the clown now." 🤡
Phil Leotardo also thought he was a house, didn't end up too well for him
Smug smarmy kleptocrat. Idiocracy. If you support Trump, you are not patriotic. America will never recover in world standing
Anyone who has to say I am the house is no real house :v
The Bank of England also thought they could trick the markets… didn't go so well did it 😂
Considering how many casinos your boss has bankrupted, being the house doesn’t sound like a particularly safe bet, does it now Scott?🤨
What the f..k is Bessent on !
There is no limit to American arrogance.
His boss was the house and bankrupt it three times, same thing?
この人は他人の金で勝負するのが好き。This dude is artificially manipulating the weak yen all by himself. Total queer.
Most arrogant moron on earth.
The higher yields go before they act the more effective the action. 🤔 Think about it; use your brain. He’s going to buy an asset, and in response to his notice of intent the Street laughs and then what they do? They reduced the price of the asset they are selling. 🤷♂️ Keep playing into his hand.
00:06 'I Am the House Now' the most powerful words from Bst so far
Can we burn down the house?
Beast
What wrecked gay
lol he keeps using that “I have asymmetric information” bs. That’s only trustworthy if the person saying has a good track record and printing more money to get out of scrapes is not a good track record
What a fucking loser
YOU ARE THE MOST ARROGANT SOB IN TRUMP'S CABINET.
Funny to hear such "genius" comment from the communist bots 😂😅
Leftist brain is getting mush when hearing American First 😂
1st class muppet
Welcome USSA! And Bessent is not the house. They have AI systems playing it all now and they likely forcibly integrated BOJ into US Financial AI. Total end of Sovereignty if Japan had any left.
The house is burning
I think people are missing an important point: Why would I be the counterparty to someone who is already telling me they have asymmetric information? Would you trade against insider traders? Would you buy a used car when the dealer is outright telling you "Hey, this car has a couple of things I won't tell you, but trust me, this is the fair price" ? The realtor: "Look, there are a few minor quirks in the house we aren't explicitly disclosing, but the price reflects it" ?
It is CRAZY for him to say that. Mr. Secretary of the Treasury, brother, enjoy your bonds. I won't be buying that.
The house of Bessent lost 90% of 5 billion in equity 2016-2020 my house gained 15% during the same period. Failure at scale
Next administration needs to lock them all up ASAP
House up your a*
😂😂😂😂😂😂😂😂
You might be the house but your boss bankrupted the casino.
The US 30-year Treasury yield climbed to 5.37 per cent on Thursday, its highest level since 2007, as a global bond sell-off intensified amid mounting concerns over inflation and US government debt. South China Morning Post, Sep 11. 2026.
😲😲😲😲this is real?!? 🤦🏿♂️
That shows desperation only.