Bessent’s Bond-Buyback Relief Rally Erased in a Day by Trump’s Iran Threat
Treasury Secretary Scott Bessent's buyback expansion pulled the 30-year yield down from 5.34% to 5.184% on Wednesday. President Trump's Iran…
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Bessent to unveil ‘toughest sanctions in history’ against Iran on Monday
Treasury Secretary Scott Bessent will hold a press conference Monday to lay out what he calls the toughest economic isolation…
Treasury Yields Surge Again a Day After Bessent’s Buyback Plan, Pulling Stocks Lower
The 10-year Treasury yield jumped back to 4.71% on Thursday, wiping out its Wednesday retreat and undercutting Treasury Secretary Scott…
Oil’s futures curve slips into backwardation as diesel cracks hit $100 a barrel
Oil's futures curve has swung into backwardation, with near-term contracts trading above longer-dated ones as diesel margins hit historic highs….
Ukraine strikes major oil refinery and terminal, extending deep-strike campaign on Russian energy
Ukraine struck a major Russian oil refinery and a smaller oil terminal overnight, extending a campaign aimed at cutting the…
