Latest in Bessent Treasury
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10-year Treasury yield ends at nearly 2-week low amid near-term consolidation
Yields on U.S. government debt finished mostly lower on a lack of major market-moving data on Monday, as market participants weighed the prospects for near-term consolidation in the bond market.Business - MarketWatch - November 18 -
Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets
The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.Business - The New York Times - 6 days ago -
Trump Ponders New Treasury Picks, Plans SpaceX Launch Visit With Musk
Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh are new names in the mix of candidates for Secretary of the Treasury.Business - Inc. - November 19 -
Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs
Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.Business - MarketWatch - 6 days ago -
Marc Rowan emerges as a top contender to be Trump’s Treasury secretary
Private equity billionaire is considering job and is set to meet president-elect on WednesdayBusiness - Financial Times - November 20 -
FirstFT: Apollo’s Marc Rowan top contender for Treasury job
Also in today’s newsletter, SpaceX fails to catch Starship, as well as machine learning and robotsWorld - Financial Times - 6 days ago -
Treasury yields rise by most in a week amid focus on prospects for U.S. economy
U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.Business - MarketWatch - 6 days ago -
Treasury yields steady as traders weigh increased Russia-Ukraine tensions
Thursday’s rally in U.S. government debt faded as trading progressed, leaving yields little changed again, as market participants assessed media reports that Russia had fired missiles on Ukraine.Business - MarketWatch - 5 days ago