David L. Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of economics, faith and work, and markets.
David Bahnsen’s Capital Record
David L. Bahnsen, National Review Institute senior fellow and founder of The Bahnsen Group, provides a guide to understanding how free markets, sound money, and limited government create lasting prosperity.
9:33
Discovered, Not Imposed: Bond Yields and Government Intervention
David explains the Treasury Department’s intervention in the bond market — what it did, why it acted, and why the move is so troubling.
Secretary Bessent announced that the Treasury Department was going to intervene in the bond market last week because “market fundamentals were not working.” In today’s Capital Record, David explains what was done, why it was done, what to expect, and most of all, why it is so, so sad to see this happening.
Comments
On “Discovered, Not Imposed: Bond Yields and Government Intervention”