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.
Tax
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.
A tax day cash drain is coming for calm US funding markets
The status quo might be jolted by individuals and companies pulling cash from banks and money markets to meet tax obligations, spurring banks to tap liquidity facilities.
US bonds see worst week since liberation day on inflation angst
The $31 trillion market extended its losses on Friday, pushing yields on 10-year notes up by three basis points — and extending the rise this week to 22 basis points, the biggest such increase since President Donald Trump announced sweeping tariffs on US trading partners.
Small businesses grow less hopeful for future: Fed study
Key measurements of small businesses' health remained stable in 2025, according to a new study by the 12 regional Federal Reserve banks. But those firms' optimism about the future reached its lowest point since 2020.
US can sell more T-bills to offset lost tariff revenue, BNY says
John Velis, Americas macro strategist at BNY, said the US can lean on T-bills to plug that "substantial" gap, helping to explain why the reaction in US Treasuries to Friday's ruling has so far been muted.
Tariff ruling fuels bond-market angst by hitting US deficit
The top court's verdict eliminates import taxes that have acted as a restraint on the government's $1.8 trillion budget deficit and the swelling national debt.
Fed’s Cook calls recent inflation numbers ‘disappointing’
Federal Reserve Gov. Lisa Cook said in a speech Wednesday night that the central bank's credibility depends on its ability to bring inflation back to its 2% target.
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%.
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