The Iran war energy shock, growing inflation concerns and fading interest rate-cut hopes may have bond investors and central bankers on edge but U.S. Treasury Secretary Scott Bessent said he views elevated yields and headline inflation as "transient," subsiding when ​the conflict ends. Bessent told Reuters in an interview on Tuesday that central bankers at a G7 finance leaders meeting in Paris voiced more concern than he did about inflation and a bond market sell-off. "I think if you're a central banker, ⁠you're supposed to say that you're concerned about it," Bessent said. "The tougher you talk, the less you have ... (full story)