Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
Inside the fight to stop Elon Musk and 'DOGE' from accessing your personal financial information
Elon Musk's so-called Department of Government Efficiency, or "DOGE," has moved quickly to set up shop in a critical Treasury Department office that handles the vast majority of payments made by the ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
North American Morning Briefing: Stock Futures, Bond Yields Edge Up Ahead of Jobs Data
Qualcomm earnings beat Wall Street expectations, as revenue jumped. But IP licensing revenue missed estimates and stock fell 4.8%. Skyworks Solutions plunged after it said it expected its share of the ...
thedailyupside1d
After Bashing Janet Yellen’s Approach to Debt Issuance, Bessent Keeps It For Now
The Treasury kept its guidance suggesting the sales of long-term debt will remain unchanged through much of 2025.
cryptopolitan1d
Treasury Secretary Bessent says Trump is “not calling for the Fed to lower interest rates”
Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...
Office of Personnel Management CFO, who manages more than $1 trillion in funds, pushed out of role
The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this ...
10-year Treasury yield drops as traders digest news on issuance, fresh data
The yield on the 10-year Treasury slid on Wednesday as traders digest ADP payroll data that would shed more light on the state of the U.S. economy.
Stars and Stripes1d
Bessent’s Treasury sticks with Yellen-era long-term debt plan
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Elon Musk’s China ties make a bad situation worse
In the first weeks of Donald Trump’s second term in office, Elon Musk has been busy seizing control of instruments of ...
Treasury Keeps Plans for Bond Issuance Steady. It’s a Relief, for Now.
Strategists had been on edge, speculating over whether a change in language could be coming that would signal larger auctions ...
U.S. Treasury offering $125B of securities in quarterly refunding
The U.S. Treasury is offering $125B of Treasury securities to refund ~$106.2B of privately held Treasury notes and bonds maturing on Feb. 15, 2025, it said on Wednesday.