Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
A modest selloff in U.S. government debt sent 10- and 30-year yields up for the first time in four sessions on Thursday, after weekly jobless claims came in slightly higher than expected. -- The yield ...
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, ...
U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Elon Musk's Department of Government Efficiency isn't "tinkering" with the Internal Revenue System or the Treasury Department's payment system, Treasury Secretary Scott Bessent said on Thursday. He ...
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
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