[Bessent's bond gambit](https://www.cnbc.com/2026/08/21/bessents-bond-gambit-aimed-at-calming-markets-is-instead-stirring-inflation-worries-.html) was supposed to anchor expectations. Instead, it's created the opposite: breakeven inflation rates spiking while real yields stay elevated means the cost of *refinancing existing debt* just jumped for anyone who isn't Treasury-backed.

Research these companies