In a post on X on Thursday, Ghalibaf directly addressed Bessent, saying, “Short harder, champ. Like your career depends on it (because it does). Or drain below the danger zone and watch your caverns collapse (along with your career). Or pray to the salt gods of Bryan Mound. The world’s already got its popcorn :)”
Accoridng to Press TV, Ghalibaf’s remarks came amid growing pressure on the US administration over the performance of the Treasury and energy markets.
Bessent has pursued buyback operations in the US Treasury market, particularly involving 10-year bonds, in an effort to bring down long-term yields and reduce borrowing costs ahead of the midterm elections.
