Tag: Scott Bessent

US Treasury bond buybacks may lower yields temporarily, but inflation, deficits and heavy borrowing could keep US bond yields under pressure. (AFP)
Posted in Business

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…

Continue Reading
Scott Bessent is trying to lower US bond yields as inflation, high deficits and Treasury debt keep borrowing costs high despite Trump’s push for lower rates. (REUTERS/Kylie Cooper/File Photo) (REUTERS)
Posted in Business

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…

Continue Reading
ET logo
Posted in Economy

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…

Continue Reading
US President Donald Trump. (AFP)
Posted in Business

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…

Continue Reading