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.
World stocks, bonds bounce on Bessent pick as US Treasury Secretary
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might restrain debt levels, while falling yields weighed on the dollar and commodities such as gold and crude declined.
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 ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
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 ...
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an ...
Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico ...
By Johann M Cherian and Purvi Agarwal (Reuters) -Dow contracts touched a record high on Monday and led gains among U.S. stock ...
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