Trump's Treasury is facing a possible panic situation, according to the article's headline.
Treasury Secretary Scott Bessent's attempt to control the bond market is said to have been disastrous. This unsuccessful intervention in the bond market has called into question the stability of Trump's economic team.
The situation undermines the credibility that Bessent had built as the most reliable figure in Trump's economic team. This loss of credibility comes at a critical moment for the administration.




