Trump Denies Directing Bond Market Intervention

U.S. President Donald Trump stated that he did not instruct Treasury Secretary Scott Bessent to intervene in the bond market. The decision was made by Bessent independently, using his own judgment regarding the situation's complexities.

President Donald Trump clarified on Friday that he had no involvement in directing Treasury Secretary Scott Bessent to interfere in the bond market this week.

Trump emphasized that Secretary Bessent acted under his own authority and exercised independent judgment regarding the market issues at hand.

The President's statement comes amid scrutiny over governmental interventions in financial markets.