Bessent’s Battle Treasury

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 - 5 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.

Business - MarketWatch - 5 days ago

Elon Musk backs Howard Lutnick as agent for ‘change’ at US Treasury

Tesla boss publicly lobbies Trump to choose Cantor Fitzgerald boss over Scott Bessent in key economic role

World - Financial Times - 3 days ago

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...

World - The Guardian - 2 days ago

After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary

President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.

Top stories - The New York Times - 2 days ago

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 - Yesterday

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 - 5 hours 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. - 7 hours ago

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 - 5 hours ago

Russia Turns Mariupol's Steel Mills From Battle Zone to Spoils of War

Moscow’s patronage enriches a Kremlin-friendly warlord from Chechnya by letting him plunder Ukraine’s big metals plant.

World - The Wall Street Journal - October 21

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

Truth under siege: Battling misinformation amid growing disasters

FEMA's response and recovery efforts are being undermined by misinformation and conspiracy theories, causing some disaster survivors to avoid seeking assistance and putting the safety of FEMA teams ...

Politics - The Hill - October 21

Police in Haiti battle gang coalition trying to seize control of the entire capital

Police in Haiti are clashing with gunmen trying to take over one of the few communities in the capital, Port-au-Prince, that is not controlled by gangs

The cowboy state US election battle that will matter from Kyiv to Beijing

Montana is at the heart of an expensive high-stakes fight for control of the American Senate