Economy
Bessent said ‘I am the house.’ The bond market disagreed
US Treasury Secretary Scott Bessent warned investors against betting against the Treasury's defense of the long end of the market during a speech at...
Economy
Treasury Sec. Bessent, IRS crack down on ETF strategy the wealthy are using to avoid capital gains taxes
The U.S. Treasury and the IRS have issued new guidance targeting Section 351 exchanges used by wealthy investors to defer capital gains taxes when...
Economy
Traders now see little chance of a Fed rate hike in October after weak jobs report
Investors now think the odds are extremely unlikely that the Federal Reserve raises interest rates again in October, following a weaker-than-expected September employment report....
Economy
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
The U.S. economy created far fewer jobs than expected in September, with only 29,000 positions added versus the 84,000 forecast, according to the Bureau...
Economy
Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt
President Trump has suggested that inflation could rapidly pay off the U.S. national debt, which currently stands at $40 trillion. The U.S. debt-to-GDP ratio...
Economy
The Fed has one interest rate. America has two economies
The Federal Reserve raised interest rates by 25 basis points to a target range of 3.75% to 4%, with the 10-year Treasury yield exceeding...
Economy
Treasury yields inch higher as investors await key jobs report
U.S. Treasury yields inched higher Friday, with the 10-year yield reaching 5.243% after touching multi-year lows the previous day. The 30-year yield rose to...
Economy
Bond yields suddenly retreat from recent highs as buyers step back into the Treasury market
The U.S. Treasury market, valued at $31.5 trillion, is experiencing a tug of war between buyers and sellers. While positive economic news initially pressured...