Economist: There is 'no button' Scott Bessent can push to lower long-term rates in a meaningful way
Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Bessent Says Fannie-Freddie Release Depends on Mortgage Rates
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and ...
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
US bond market lukewarm on Bessent's 10-year yield pledge
Treasury Secretary Scott Bessent's efforts to contain 10-year Treasury yields face skepticism amid expected inflationary ...
Democrats demand Bessent meeting over DOGE ‘chaos’ at Treasury
Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...
Treasury Chief Bessent Says He’s ‘Completely Aligned’ With Elon Musk: Here’s What To Know About DOGE
DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems at the Treasury Department and Centers for Medicaid and Medicare this week ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...