Why 10-Year Yields Are on the Treasury Secretary’s Mind
Financial news is always awash in numbers, but there’s one figure that’s almost always more important than anything else: the ...
If IRS Sends Its Agents To The Border, Here’s The Work That Won’t Get Done
The Department of Homeland Security has asked Treasury Secretary Scott Bessent to deputize IRS agents to help with efforts to ...
Hot inflation report, rising Treasury yields warn the market’s bull run could be in trouble. Here’s how to read it.
While the fresh inflation reading represents only one print, it casts further doubt on whether the Fed has any more room to cut rates at all. It also resurfaced talk about whether ...
US Dollar turns down despite hot CPI
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...
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Shadow government: How Trump’s executive order hands Musk control of the US government
• Trump signed an executive order giving Elon Musk-led DOGE control over federal hiring, allowing it to block career appointments and push large-scale workforce cuts. • DOGE operates as a shadow ...
Treasury's $42 billion auction of 10-year notes comes in soft, BMO says
Wednesday afternoon's sale of $42 billion in 10-year notes tailed by 1 basis point and was met with non-dealer bidding that was slightly below average, according to BMO Capital Markets strategist Vail ...