Bessent Blames Rising US Bond Yields on ‘Global Issues’
U.S. Treasury Secretary Scott Bessent told lawmakers that rising bond yields reflect "global issues," as the 10-year Treasury yield hit…
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Bessent Calls US Yen Intervention ‘Nominal,’ Defends Trade Policy
Treasury Secretary Scott Bessent told the House Financial Services Committee that Washington used only a "nominal" sum in its coordinated…
France Would Back Knot for ECB Presidency in Exchange for Chief Economist Seat
France would back Dutch central banker Klaas Knot to become the next European Central Bank president, but only if a…
Bessent Says Dollar Strength Rests on Credibility as Bond Yields Hit 2007 Peaks
Treasury Secretary Scott Bessent told a congressional hearing on Tuesday that the U.S. dollar's strength rests on the credibility of…
CNBC survey: Fed seen hiking rates at least twice over the next year
A majority of respondents to the CNBC Fed Survey now expect at least two Fed rate hikes over the next…
