Tag: Treasury yields

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