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IJR News — today's news from every side

Druckenmiller Bites Back at Bessent Buyback Plan — 6dStanley Druckenmiller attacked Treasury Secretary Scott Bessent’s plan to expand long-dated bond buybacks as a mistake, arguing that governments must not fight market fundamentals or suppress yields amid a debt-load exceeding $40 trillion. The coverage also notes SMCI’s weak P/S valuation and positive insider sentiment, highlighting broader market debates on tech valuations in the wake of macro policy actions.