Paola Subacchi

Paola Subacchi

Paola Subacchi is Professor and Chair in Sovereign Debt and Finance at Sciences Po.

Are The Walls Closing in on Bessent?

Far from suggesting financial Armageddon, US Treasury Secretary Scott Bessent’s futile efforts to keep a lid on Treasury yields suggest that, once again, the dollar is America’s currency, but everyone else’s problem. But while investors have few alternatives, the bond-salesman-in-chief cannot be complacent.

Paola Subacchi

September 1, 2026 at 3:55 AM IST

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US Fiscal Irresponsibility Is Everyone's Problem

Unlike the stock market, where volatility can be attributed to investor jitters over bloated valuations, turmoil in the bond market is deadly serious.

Paola Subacchi

May 27, 2025 at 1:27 PM IST

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Becker1999/ Via Wiki Commons

The Bureau

India’s GDP Data Puzzle: Pronab Sen on Deflators, Revisions and Trust
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