The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
3don MSN
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...
4don MSN
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on ...
In comments on Fox Business on Wednesday, Bessent said that when Trump speaks of wanting lower interest rates, he is referring to the yield on the 10-year Treasury - not the short-term rate set by ...
Andrew Harnik/Getty Images Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts ...
The yield on the 10-year Treasury slid on Wednesday as traders await ADP payroll data that would shed more light on the state ...
The benchmark the administration is using will be the 10-year Treasury, not the federal funds rate that the central bank controls, he added. "The president wants lower rates," Bessent said in an ...
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