Scott Bessent and the bond market: a pointless intervention

The Treasury Secretary might win points with his boss, President Trump,but he will earn no points from the bond vigilantes.

The two countries could start to address fiscal weaknesses together and make sure the market knows they are getting their houses in order.

Investors and analysts poured scorn on US Treasury Secretary Scott Bessent’s doubling of long-term bond purchases, which provided temporary relief but faces structural economic headwinds that are driving yields higher.

The Wild Week When Scott Bessent Was Schooled by the Bond Market  WSJ

You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.

THE price of gold has reached a three-month high, so you may be questioning whether now is a good time to invest. The price of the precious metal soared to a high of 4,601 US dollars (£3,373) an ounce at its highest point yesterday. Prices have risen due to concern about the US economy and...

Trump says he did not direct Bessent to intervene in bond market  Reuters

President Donald Trump said he did not direct Scott Bessent to intervene in the bond market this week, saying that the Treasury secretary acted on his own authority.

Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a forthcoming debt crisis.

One month after the bond market went ballistic, with the 10-year Treasury yield breaching 4.7% and the 30-year Treasury yield skyrocketing to 5.17%, the market is now well and truly imploding. The benchmark 10-year hasn’t come down, and the 30-year has catapulted toward 5.3%, hitting its highest level since before the

There are growing concerns about the bond market and rising borrowing costs. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.

World’s biggest cryptocurrency on track for best week in more than three years

The injection of cash boosted prospects for risky assets and came as Donald Trump urged congress to pass new laws establishing rules for crypto.

Why Treasury Secretary Bessent's Moves To Calm The Bond Market Haven't Worked So Far  HuffPost