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

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

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

Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.

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

Investors are wondering what Scott Bessent is up to. At the start of the month, the Treasury Secretary’s ‘to-do’ list included purchasing $5 to $10 billion in Japanese yen. This week, he announced the Treasury would increase “by at least double” the size of buybacks for longer-dated securities—and is prepared to expand

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