Dollar eases as Treasuries rally on Bessent Treasury nomination
The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald Trump's pick for the next U.S. Treasury secretary will promote more fiscal discipline than investors had been fearing.
Morning Bid: Trump's Treasury Pick Boosts Bond Market as Dollar Eases
(Reuters) - A look at the day ahead in Asian markets. Donald Trump's pick to be U.S. Treasury Secretary proved to be a balm for the bond market, while the dollar followed yields lower in a move poised to influence trading in Asia on Tuesday. The choice of ...
Treasury yields and the dollar remain weak as data bring little reason to change forecasts for Fed cuts. Durable goods orders in October increased by 0.2% after shrinking a revised 0.4% in September ...
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Trump ...
Gold futures rise as U.S. Treasury yields and the dollar slide. Futures are up 0.7% to $2,665.20 a troy ounce. The metal has bounced back from a sharp selloff in Monday's session, SP Angel analysts ...
Bloomberg L.P. on MSN4d
Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak DollarScott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, ...
The dollar relinquished a little of its recent gains on Monday as the pick for U.S. Treasury secretary seemed to reassure the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback