Bessent Trump’s Treasury

UK Treasury breached legal duty by failing to reveal overspend, says watchdog

OBR chair says relationship with finance ministry moving to ‘system of trust but verify’

Business - Financial Times - November 5

Treasury should have told us about overspend by law, says OBR

Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - November 7

Treasury volatility gauge plunges as bond traders navigate election, the Fed

Yields on U.S. government debt finished mixed on Friday amid lower volatility as traders absorbed the election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point ...

Business - MarketWatch - November 8

Covid inquiry told Treasury blocked NHS bed request

NHS England chief executive Amanda Pritchard says the decision, in July 2020, was very disappointing.

A bond bear thinks battered Treasurys could see a year-end bounce

Investors could see a “right-now” trading opportunity take shape in long-term Treasury bonds.

Business - MarketWatch - 5 days ago

10-year Treasury yield is little changed after tame inflation report

Investors assessed a key inflation reading that came in as expected.

Business - CNBC - 3 days ago

10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks

Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...

Business - MarketWatch - 3 days ago

2-year Treasury yield jumps after the close, with Powell patient about rate cuts

The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank ...

Business - MarketWatch - 2 days ago

This group of cryptocurrencies is starting to make a dent in demand for short-term Treasurys

Cryptocurrencies are making their way through the plumbing of the financial market — and one of the most interesting ways they’re doing this is by reaching into the U.S. government-debt market.