The Treasury secretary dared “Bloomberg terminal bros” to bet against him and they did.
Category: Stocks and Bonds
-
Bond Market Rebukes Bessent by Sending Borrowing Costs Ever Higher
The New York Times – Business: -
10-Year Treasury Yield Reaches 5%, Highest Level in Years
The New York Times – Business:One of the world’s most important interest rates hit a level recorded only once since the global financial crisis, as investors continued to rebuff the Trump administration’s efforts to sway the bond market.
-
Tech Stocks Shudder in Response to Calls to Slow A.I. Progress
The New York Times – Business:Companies at the forefront of artificial intelligence in Asia, Europe and the United States posted declines after tech leaders expressed worries about the safety of “frontier” A.I. technology.
-
Oil Prices Jump on Energy Supply Worries
The New York Times – Business:Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
-
Oil Prices Jump on Energy Supply Worries
The New York Times – Business:Oil prices jumped and stock futures fell slightly on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
-
Bessent Takes on the Bond Vigilantes
The New York Times – Business:As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm.
-
How to Make Sense of Mayhem in the Bond Market
The New York Times – Business:The stock market is easy to talk about. But bonds are a different story. Our columnist has some pointers to help make you a bond maven.
-
Oil Prices Surge as Fighting in Middle East Escalates
The New York Times – On the Runway:The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.
-
A $5,000 ‘Trump Dividend’? The Bond Market May Like a Word.
The New York Times – Business:President Trump’s latest political gambit could cost more than $1 trillion, and further roil a volatile bond market.
-
Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields
The New York Times – Business:Bond yields rose after the announcement, suggesting investors were underwhelmed by the size of the purchases.
-
The Economic Fallout From a Potential Return to $100 Oil
The New York Times – Business:Brent crude, the international benchmark for oil, is spiking again, reviving fears of inflation.
