Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says
It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on lowering borrowing costs by getting the 10-year Treasury yield down, not by pressuring the Federal Reserve to cut short-term rates.
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.
Wall Street ended sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed U.S. payrolls report, ...
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It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of ...
Wall Street turned sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed payrolls report, weak ...
Tariff threats switched on and off, Bessent laser focussed on the 10yr yield, and next up is payrolls. We saw tightening ...
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