US bond yields reflect 'flat to down' inflation expectations, stronger growth, Bessent says
During a finance leaders' gathering in Asheville, US Treasury Secretary Scott Bessent emphasized the significance of recent economic indicators. He pointed out that current bond yields indicate a stable or declining expectation of inflation, while...
By Reuters |
Agencies
U.S. Treasury Secretary Scott Bessent said on Tuesday that U.S. bond yields are showing that inflation expectations are "flat to down" and reflect accelerating U.S. growth.
Bessent made the comments at an event on the sidelines of the U.S.-hosted Group of 20 finance leaders in Asheville, North Carolina.
Bessent made the comments at an event on the sidelines of the U.S.-hosted Group of 20 finance leaders in Asheville, North Carolina.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsADVERTISEMENT
