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Bessent’s bond gambit seen as possible prelude to closer Japan-U.S. coordination

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Bessent’s bond gambit seen as possible prelude to closer Japan-U.S. coordination
Bessent’s bond gambit seen as possible prelude to closer Japan-U.S. coordination
The two countries could start to address fiscal weaknesses together and make sure the market knows they are getting their houses in order.
CNBC
CNBC🏁 first to report2 days ago
Bessent's bond gambit aimed at calming markets is instead stirring inflation worries
The so-called breakeven rate hit its highest levels in more than two months.