Dollar Eases as Treasuries Rally on Bessent Treasury Nomination
The Treasuries' rally in response to President-elect Trump's Bessent announcement late on Friday pushed yields on 10-year Treasuries down about 14 basis points, the most since early August. Two-year yields also tumbled, reducing the dollar's interest rate advantage.
US Treasuries Rally on Bets Bessent Will Soften Trump’s Plans
US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals — as President-elect Donald Trump’s Treasury secretary choice.
The dollar fell and US government bonds rallied after Donald Trump picked Scott Bessent to run the Treasury, a Wall Street ...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
The U.S. dollar surged against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive ...
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...
The dollar rallied against major peers on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from ...
Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico ...
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