Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.
U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and ...
Thursday's modest selloff of U.S. government debt remained mostly intact on Thursday, with yields still up for the day, after weekly initial jobless claims came in slightly higher than expected. The ...
The Trump administration has launched a plan to lower 10-year Treasury yields through inflation control and spending cuts, ...
U.S. stock futures were pointing to gains at the market open on Thursday, as traders welcome lower bond yields while coming to terms with tariff threats and the latest Big Tech earnings. Dow Jones ...
Treasury yields fell sharply Wednesday after the U.S. government said it wouldn't be increasing the pace of debt issuance. The Treasury Department said it expected to keep auction sizes steady in the ...
Scott Bessent stressed that Trump’s focus is on lowering the 10-year Treasury yield, not pushing the Fed for rate cuts. The "3-3-3" plan aims to cut the deficit to 3% of GDP, increase oil output by 3M ...
Bond yields held overnight declines Wednesday, after the Treasury said it didn't expect to increase the size of its note and bond auctions “for at least the next several quarters.” Investors had ...
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