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Slip the surly bonds? Scott Bessent goes on a yield trip

Amid record-tickling yields, the bond markets are now trying to make sense of what Scott Bessent, America’s Treasury secretary, has announced—a move that might put him on a collision course with the Federal Reserve. We ask why it is so easy for hackers to infiltrate America’s water infrastructure. And understanding a political lineage through the new British prime minister’s accent.

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