Tag: Scott Bessent
Will Bessent’s Treasury bond buyback shake markets? Investors await $4 billion-plus move
Markets are waiting for a key announcement from the US Treasury on Wednesday, with investors watching how aggressive Treasury Secretary Scott Bessent’s bond-buying plan will…
India, US commit to deepen relationship in critical minerals, other areas
New Delhi: Finance minister Nirmala Sitharaman and US Treasury Secretary Scott Bessent have acknowledged the long-standing relationship between India and US, and committed to deepening…
Scott Bessent eyes $1 trillion US Treasury cashpile for bond buybacks
US Treasury Secretary Scott Bessent could use the government’s nearly $1 trillion cash account to help fund plans to buy government bonds. The money is…
Can Treasury control US bond yields? Why Bessent’s buyback move may only offer temporary relief
US Treasury Secretary Scott Bessent has taken a new step to bring down long-term US government bond yields. The Treasury said it will at least…
Trump wants lower rates. Bessent is trying to calm the bond market — but can he?
US Treasury Secretary Scott Bessent appears to be taking new steps to stop US bond yields from rising further. Wall Street traders and strategists say…
Europe financing ‘war’ against itself by buying Russian oil products from India: Scott Bessent
The US imposed 25 per cent tariffs on India for buying Russian oil, but the Europeans signed a trade deal with New Delhi, Treasury Secretary…
Donald Trump declares US-China trade war, Scott Bessent floats long truce| Business News
US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a…