The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.
Category: Government Bonds
-
Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win
The New York Times – Business: -
U.S. Bond Yields Hit Highest Level Since 2002
The New York Times – Business:The trends pushing up yields, including the war in Iran and high government debt levels, are unlikely to dissipate soon.
-
The Global Bond Rout Reaches Worrying New Levels
The New York Times – Business:Investors are on alert as the yield on the 10-year Treasury note hit a new multi-decade high. The sell-off is also broadening in Europe, too.
-
Rising Interest Rates Are Causing Alarm. Here’s What to Know.
The New York Times – Business:History shows that the markets and the economy flourished when rates were even higher than today’s. But, our columnist notes, those times didn’t last.
-
Bond Yields Soar as Investors Foresee Another Fed Interest Rate Increase
The New York Times – Business:The 10-year Treasury yield on Wednesday rose to around 5.1 percent, as investors grew more convinced the Fed Reserve will raise interest rates again.
-
What’s Behind Bessent’s Boasts About the U.S. Bond Market
The New York Times – Business:By one measure, U.S. government bond markets have posted negative returns, but markets in others countries have experienced steeper losses.
-
10 Ways to Explain Why Interest Rates Are So High
The New York Times – Business:If you can’t pin down why something’s happening, you don’t have much hope of fixing it.
-
What Set Off the Rise in Interest Rates? Mainly, the Iran War.
The New York Times – Business:The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.
-
Japan Raises Interest Rates to 31-Year High Under U.S. Pressure
The New York Times – Business:The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter monetary policy.
-
Bank of England Holds Rates Steady but Warns of Inflation Pressures
The New York Times – Business:The decision was announced a day after data showed the fastest pace of price increases in months.
-
Fed Meeting Will Test Central Bank’s Credibility With Bond Investors
The New York Times – Business:If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.