President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S.
The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would ...
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Trump ...
price index — commonly regarded as the Federal Reserve's preferred inflation gauge — triggered fresh losses for the U.S. dollar, while Treasury yields and U.S. stocks also slid in tandem.
Gold futures rise as U.S. Treasury yields and the dollar slide. The traditional correlations between gold and yields are ...
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 ...
Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...
He has also voiced support for a strong dollar, seemingly leaning against President-elect Donald Trump's previous dalliance ...
1012 ET – Treasury yields and the dollar change little as the Fed’s preferred inflation gauge rises in line with expectations. October 12-month PCE price index rises 2.3%, compared to 2.1% in ...
Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, a ...