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.
Treasury yields were higher on Friday, as investors weighed fresh data showing that jobs growth slowed more than expected in January while wage growth increased more than anticipated. The yield on the ...
Treasury yields were steady on caution ahead of U.S. jobs data later which could offer hints on the interest-rate outlook.
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U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Tariff threats switched on and off, Bessent laser focussed on the 10yr yield, and next up is payrolls. We saw tightening ...
A top surprise for markets this year could be the Fed ultimately cutting rates three or more times, State Street said.
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