The Treasury Department’s plan for bond interventions have calmed markets. But Wall Street is worried about the fallout for inflation and more.
Category: Bessent, Scott
-
Did Bessent Put the Fed in a Bind?
The New York Times – Business: -
Markets Rally After U.S. Treasury Tries to Ease Bond Market Stress
The New York Times – Business:Government bond yields fell and stocks jumped on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
-
The Rising Stakes of the Global Bond Rout
The New York Times – Business:There were already several factors rattling investors. A further rise in bond yields is making things more expensive for everyone.
-
Treasury Scales Back Scrutiny of U.S. Shell Companies
The New York Times – Business:The Trump administration will not enforce reporting requirements of the 2021 Corporate Transparency Act, which was intended to crack down on money laundering.
-
The Fed Didn’t Raise Rates. The Bond Market Did.
The New York Times – Business:The market is saying risks are rising. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it’s also a boon for retirees.
-
A Currency Trader at Heart, Bessent Bets on Japan’s Yen
The New York Times – Business:Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
-
With a Proposed $250 Bill, Trump Reimagines America by Putting Himself on Its Money
The New York Times – Business:Cash might be a relic, but — like royalty and emperors — President Trump still wants his face on American currency.