Hassett sees Fed acting if October inflation data come in high
Hassett was speaking shortly after the latest PCE inflation report showed that core price gains, excluding food and energy, clocked a 3.1% year-on-year pace for September.
Scott Bessent
Bessent sees no spillover from France bond market’s turmoil
Since the turmoil in France escalated from the end of last month, moves in that country's bonds have affected Treasuries several times — either by pushing them down in tandem or causing flows into U.S. debt as a haven trade.
Amid protesters and a midterm, AI dominates Bessent hearing
Anxieties over AI drew attention from Democrats and Republicans during Treasury Secretary Scott Bessent's testimony at the House Financial Services Committee.
Bessent’s U.S. debt buyback disappoints, sending yields higher
Thursday's purchases were under increased scrutiny as the first since Bessent unexpectedly announced that the department would "at least double" the size of operations previously penciled in at $2 billion.
Bessent becomes most interventionist Treasury chief in decades
His action after 10-year Treasury yields, his self-specified financial benchmark, rose above where they were before Trump returned to office, shows mounting worries in Washington.
AI is driving up Treasury yields: ‘It just touches everything’
As the AI borrowing spree keeps accelerating, the spillover effect is playing a growing role by taxing the market's ability to absorb so much debt.
Behind Bessent moves, Wall Street sees a bond-market angst
Over the course of a week, he took steps that they see as aimed at easing pressure on the Treasury market after long-term rates surged to a 19-year high.
Warsh’s faith in markets sidelines more nuanced Fed policy tools
Central bankers typically use their benchmark federal funds rate to steer the economy because it allows for a level of fine-tuning when the market is left to its own devices.
Biggest State Street debate is where Bessent bond gauge goes
Coming into 2026, State Street expected yields to fall toward 3.5% or lower this year, but instead they've been on the rise.
Bessent says Warsh came out talking ‘tough’ on inflation
The Treasury chief also predicted that the US economy will accelerate "on a non-inflationary basis for the rest of the year."
Bessent invokes language on inflation that caused Yellen trouble
It was the latest example of the Treasury chief characterizing the surge in prices since the Iran war began as a one-off hit.
Xi hails ‘landmark’ Trump summit, says many outcomes achieved
The two countries reached an "important consensus" on maintaining stable economic and trade relations while expanding cooperation in various fields.
Yardeni stays calm, not ‘freaked out,’ as Treasury yields surge
The yield on the 10-year has eclipsed 4.48% this year, while the 30-year bond yield surpassed 5.03% on May 4. representing more than 50 and 40 bps jumps, respectively.
Fed holds rates steady, nods to stabilization in jobless rate
The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75%.
Trump threatens ‘big retaliation’ if Europe dumps U.S. assets
Under the framework deal that persuaded Trump to defuse the Greenland crisis, the president would agree to stand by his promise to hold off on fresh tariffs on European products.
UBS chair spoke to Bessent over possible U.S. move, FT reports
The two privately discussed what a move could look like, with the Trump administration "receptive" to welcoming Switzerland's largest bank, the newspaper said.
Bessent says Trump’s $2,000 checks would need Congressional vote
Trump, who has touted the billions raised in US tariff revenue this year, has talked about the checks as public frustration mounts over the cost of living.
Bessent deflects inflation concerns, sees better times in 2026
Bessent spoke a week after Democrats won several key elections by zeroing in concerns over the cost of living, including housing, groceries, utilities and health care. Trump himself has rebuffed such concerns.
Argentina’s peso falls after U.S. Treasury intervenes again
Dollar bonds, meanwhile, reversed an earlier jump. Notes maturing in 2035 were down by almost 0.1 cent on the dollar, trading at 57 cents.
Bessent defends Miran’s leave from White House to serve on Fed
He is expected to take part in the closely-watched Federal Open Market Committee meetings scheduled for Tuesday and Wednesday.
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