Treasury Secretary Scott Bessent dismissed critics as the 10-year Treasury yield surged to 4.94%. A $5.2 billion Treasury bond buyback failed to halt the deepening bond market sell-off, which is driv…
U.S. Treasury Secretary Scott Bessent announced plans to sanction a large bank next Monday to intensify economic pressure on Iran, following recent measures against Turkish and Egyptian banking entit…
Treasury Secretary Scott Bessent announced plans to expand long-term Treasury buybacks to counter soaring bond yields and cool a market 'fever.' Emphasizing he is not conducting quantitative easing, …
Treasury Secretary Scott Bessent defended joint U.S.-Japan yen interventions, claiming asymmetric market insight. Analysts warn that a strengthening yen threatens to unwind global carry trades, exert…
Treasury Secretary Scott Bessent faced Wall Street backlash after asserting his insider advantage and expanding bond buybacks to suppress yields. Prominent investors criticized the activist approach,…
Treasury Secretary Scott Bessent predicted crude prices could drop to $40 per barrel once the Iran conflict resolves, expecting supply surges to cool inflation and Treasury yields. Meanwhile, elevate…
U.S. Treasury Secretary Scott Bessent signaled that the Bank of Japan will likely raise interest rates in September to strengthen the yen. His remarks reinforced market expectations of aggressive BOJ…
US Treasury Secretary Bessent defended the recent intervention to support the yen, citing risks of higher US borrowing costs if volatility continued. The operation utilized existing ESF assets, and J…
Treasury Secretary Scott Bessent's plan to buy back $4 billion in longer-term bonds by issuing shorter-term ones has been criticized by JPMorgan as a temporary fix that doesn't address the underlying…
US Treasury Secretary Scott Bessent announced fresh sanctions on 60 entities aiding Iran's logistics and financial transactions. Bessent avoided intervening to cap long-term Treasury yields, choosing…
Surging Treasury yields, sticky inflation, and massive corporate debt deals like Broadcom's $70B–$80B issuance continue to pressure bond and equity markets. Treasury buybacks failed to calm the sell-…
US500 futures face a weekly loss as high bond yields persist, despite Bessent's efforts. Bitcoin hit near $80k on pro-crypto hopes, while Brent crude slipped slightly after a rally. Rising Treasury y…
Crude oil prices hold near $87, heading for weekly gains, supported by geopolitical tensions. Stricter US sanctions on Iran expected next week and ongoing disruptions in Russia's energy sector are ti…
Gold (XAUUSD) prices rallied sharply on Friday, driven by Treasury Secretary Bessent's bond market intervention and persistent worries about the US fiscal situation, outweighing headwinds from rising…
Treasury Secretary Bessent's aggressive bond-buying intervention failed to sustain lower yields as structural concerns over inflation, massive deficits, and debt outweighed the short-term liquidity b…
US Treasury Secretary Scott Bessent escalated market interventions by doubling long-term debt buybacks and actively supporting the yen, intentionally driving down Treasury yields and weakening the US…
Treasury Secretary Scott Bessent faces mounting US debt pressure and rising bond yields following a joint US-Japan currency intervention. Despite selling euros to support the yen, analysts note the i…
Treasury Secretary Scott Bessent echoed Warren Buffett's famous 'never bet against America' maxim, advocating for disciplined, long-term exposure to broad market indices like the S&P 500 while warnin…