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TREASURY SECRETARY
Dollar flat near one-week high as investors await Warsh's Jackson Hole debutThe euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remaine...
US Stock Market: Bessent-Warsh divide deepens over US interest rates and Treasury market strategyTreasury Secretary Scott Bessent and Fed Chair Kevin Warsh are taking different approaches to US interest rates and the Treasury market. Wh...
US ‘by no means’ ruling out kinetic strikes on Iran, including Strait of Hormuz, Pete Hegseth saysUS War Secretary Pete Hegseth said Washington remains prepared to use military force against Iran, including in the Strait of Hormuz, while...
Every country backing Iran should brace for US sanctions, warns BessentUnited States Treasury Secretary Scott Bessent announced a new sanctions campaign targeting Iran. He warned all countries have a defined ti...
Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacksOn Tuesday, the U.S. dollar showed weakness against key currencies as investors reacted to new sanctions on Iran and attempts to reduce Tre...
Global Market Today: Asian stocks dip after US tech selloff, gold gainsAsian markets followed Wall Street's downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for ...
Gold rallies past three-month high as Treasury buyback and weak dollar boost demandGold prices reached a three-month peak on Monday, boosted by a weaker dollar and Treasury policy. Technical buying and strong ETF inflows a...
JGB yields edge higher amid fiscal, inflation worriesJapanese government bond yields climbed on Monday amid concerns stemming from the Middle East instability. Inflation anxieties and fiscal i...
Oil falls ahead of US announcement on new Iran sanctionsOil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create furt...
US Treasury Secretary may have a tough time dealing with yieldsTreasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs ...
US fiscal strain deepens as $40 trillion debt milestone raises treasury yield risks: JefferiesUS fiscal deterioration is increasingly becoming a key risk for global markets, with higher Treasury yields potentially putting pressure on...
Trump says he did not direct Bessent to intervene in bond marketPresident Donald Trump clarified that he had not influenced Treasury Secretary Scott Bessent's decisions in the market. Bessent made choice...
US Treasury intervention gives Japanese bonds temporary relief as 3% yield loomsJapanese government bond yields received temporary relief after U.S. Treasury intervention, but analysts warn the 10-year JGB yield could s...
Bessent’s bond market push struggles to bring down US borrowing costsUS Treasury Secretary Scott Bessent’s bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Inves...
US Treasury's Bessent says upsized bond buybacks could increase furtherUS Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confid...
US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
US Treasury to double long-dated debt buybacks to battle surging yieldsThe US Treasury will double its buyback operations for long-dated government debt. This move aims to provide liquidity and ease rising bond...