US Treasuries Rally on Bets Bessent Will Soften Trump’s Plans
US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals — as President-elect Donald Trump’s Treasury secretary choice.
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
The dollar relinquished a little of its recent gains on Monday as the pick for U.S. Treasury secretary seemed to reassure the ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
The dollar rallied against major peers on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from ...
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an ...
The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25 ...
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might ...
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