Tag: Scott Bessent

Iran Warns New US Sanctions Violate Other States’ Sovereignty

Iran denounced proposed US sanctions on Thursday as a violation of other states' sovereignty, while Treasury Secretary Scott Bessent defended the measures.

Bessent’s Treasury Bond Buying Drives Inflation Bets to Two-Month High

Scott Bessent's Treasury intervention in bond markets is stirring inflation worries, with breakeven rates hitting two-month highs and testing Fed credibili

Ray Dalio Warns Bessent’s Bond Buyback Points to Nearing Debt Crisis

Ray Dalio says the Treasury's latest bond buyback points to a nearing U.S. debt crisis and recommends gold and bitcoin as hedges.

Bessent Says U.S. Will Avoid Large-Scale Iran Combat, Urges China to Join Sanctions

Treasury Secretary Scott Bessent said Thursday the U.S. will rely on economic pressure over large-scale combat against Iran and urged China to join the san

Trump’s Iran Threat Wipes Out Bessent’s Bond Rescue Within a Day

U.S. Treasury yields surged again Wednesday as Trump's Iran threat reversed the steadying effect of Bessent's expanded debt-buyback plan within a day.

Bessent Doubles US Long-Bond Buybacks as Surging Yields Rattle Markets

US Treasury Secretary Scott Bessent doubled long-bond buybacks on Tuesday to steady a strained debt market as surging yields lift borrowing costs.

U.S. Treasury Doubles Bond Buybacks as 10-Year Yield Tops 4.70%

The U.S. Treasury will more than double government bond buybacks to calm rising yields, pushing the 10-year rate back to 4.65% and lifting gold prices.

Treasury Doubles Debt Buybacks to Steady Bond Market, Pushing Yields Lower

The U.S. Treasury will double its debt buyback operations for longer-term securities, steadying the bond market and sending yields lower on August 19.

US Joins Japan in Rare Yen Intervention to Curb Volatility and Steady Asian Markets

The US bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets, Treasury Secretary Scott Bessent said, in a rare joint mov

Oil Pares Gains as Bessent Signals Hormuz Deal Could Land Within Days

Crude prices eased after US Treasury Secretary Bessent signaled a Strait of Hormuz reopening deal could come within days, emphasizing freedom of movement.

Dow Hits Record as Bessent Signals Strait of Hormuz Deal Could Come This Week

U.S. stocks hit records and oil prices fell after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come this week.

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