Trump's focus on US yields fuels bets on bank leverage rule review
The Trump administration's pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a ...
CNN on MSN8d
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
GlobeSt.com5d
Trump Reverses Position on Interest Rates, Shifts Focus to Treasury Yields
For a while, President Donald Trump has insisted on lower interest rates from the Federal Reserve. But then he had an about-face last week, saying that the central bank’s holding interest rates ...
CNN8d
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Bessent, in two interviews this week, said the Trump administration wants to focus on lowering long-term interest rates, which are largely influenced by the yield on the 10-year US Treasury note.