Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
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Bessent’s Treasury sticks with Yellen-era long-term debt plan
The gap of long-term yields above rates on Treasuries with shorter maturities narrowed after the refunding announcement.
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
The Trump administration said it intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. The news was greeted by some market participants, while also raising ...