MarketsChanticleerChanticleerBond vigilantes will rage at Trump’s bribe. Cracks in ASX could growAfter markets taught US Treasury Secretary Scott Bessent a lesson about who really controls bond yield, Donald Trump unveiled the sort of electoral bribe that bond vigilantes will hate.First Scott Bessent picked a fight with the bond vigilantes. Then Donald Trump poked them in the eye.On Tuesday night Bessent, the US Treasury secretary and former hedge fund manager, went to an event at Southern Methodist University in Texas and warned traders that they bet against his market interventions at their own peril.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Equity marketsFetching latest articles