Treasury Secretary Scott Bessent has vowed to step up efforts to restore calm to the debt markets. So far, it’s not working out that way.
Category: Interest Rates
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Can Bessent’s ‘Big Tool Kit’ Calm Bond Investors?
The New York Times – Business: -
Did Bessent Put the Fed in a Bind?
The New York Times – Business:The Treasury Department’s plan for bond interventions have calmed markets. But Wall Street is worried about the fallout for inflation and more.
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Why Treasury Yields Are Rising, and What That Means for the Economy
The New York Times – Business:Interest rates on U.S. government bonds can affect everything from auto and student loans to mortgages.
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More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting
The New York Times – Business:Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
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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.
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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.
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Why Japan Is Struggling to Stop the Yen’s Decline
The New York Times – Business:The currency has resumed its slide, eroding gains after the U.S. Treasury intervened to prop it up, as concerns mount about the direction of the country’s spending.
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Homeowners tight on cash are tapping into their homes’ equity.
The New York Times – Business: -
Private Equity Is Stuck With 33,575 Unsold Businesses
The New York Times – Business:Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investors require.
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Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
The New York Times – Business:Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
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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.