Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says
It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on ...
Rates Spark: Bessent And Payrolls Key As We End A Tumultuous Week
Tariff threats switched on and off, Bessent laser focussed on the 10yr yield, and next up is payrolls. We saw tightening ...
'Elon and I are completely aligned on cutting waste,' says Treasury Secretary Bessent
Treasury Secretary Scott Bessent told Bloomberg that major savings could be made and DOGE was one of the most important ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems
US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Analysis-US Bond Market Lukewarm on Bessent's 10-Year Yield Pledge
NEW YORK (Reuters) - U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some ...
Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
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CFPB agrees to temporarily halt medical debt rule
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
February jobs report shows continued hiring trend
The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' ...
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, ...
White House parts ways with member of Musk’s ‘DOGE’ team over racist posts
One member of Elon Musk's “Department of Government Efficiency” wrote online, “Just for the record, I was racist before it ...