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 constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...
The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to ...
Scott Bessent stressed that Trump’s focus is on lowering the 10-year Treasury yield, not pushing the Fed for rate cuts. The "3-3-3" plan aims to cut the deficit to 3% of GDP, increase oil output by 3M ...
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.89%, pulling back ...
U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and ...
U.S. stock futures were pointing to gains at the market open on Thursday, as traders welcome lower bond yields while coming to terms with tariff threats and the latest Big Tech earnings. Dow Jones ...
Thursday's modest selloff of U.S. government debt remained mostly intact on Thursday, with yields still up for the day, after weekly initial jobless claims came in slightly higher than expected. The ...
Treasury yield remained below 4.5% amid continuing signs the economy is gradually cooling.
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