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Trump, Bessent and Treasury
Dollar, US Yields Fall on Bets Bessent Will Dilute Trump Plans
The dollar fell and US government bonds rallied after Donald Trump picked Scott Bessent to run the Treasury, a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals.
Dollar dips with Treasury yields after Bessent pick
The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar's rate advantage.
The Bessent Bounce — Markets Cheer Trump’s Treasury Pick
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.
2d
on MSN
Stocks bounce, dollar slides with bond yields on Bessent pick
By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated ...
2d
What Bessent’s Pro-Growth Agenda Means for Treasury Yields, Gold, Stocks, and the Dollar
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
2d
Dollar’s Dip After Bessent Appointment is Likely Temporary
The dollar weakened after Donald Trump nominated hedge-fund manager Scott Bessent as Treasury Secretary, but MUFG said the currency should soon resume its recent strengthening.
2d
US Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
14h
EUR/USD gains as US Dollar declines, US PCE inflation in focus
ECB’s Centeno warned about the risk of price pressures remaining below the bank’s target.
1d
Scott Bessent’s Job: What the Billionaire Does for a Living
Bessent is married to his husband, John Freeman. Freeman is a former New York City prosecutor. Bessent and his husband, ...
1d
Dollar gains after Trump vows tariffs against Mexico and Canada
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an ...
1d
on MSN
Treasury yields edge higher after Trump’s tariff threat and as investors await Fed minutes
Bond yields inched higher after President-elect Donald Trump rattled markets with a threat to quickly impose tariffs on Mexico, Canada and China ...
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