Ticker: Mortgage rates drop; Unemployment applications rise
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Marketplace6h
Trump wants lower yields on 10-year bonds. Can he make that happen?
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Analysis-US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...
10-, 30-year yields end higher for first time in four sessions amid mild selloff
A modest selloff in U.S. government debt sent 10- and 30-year yields up for the first time in four sessions on Thursday, after weekly jobless claims came in slightly higher than expected. -- The yield ...
10-Year Treasury Yield Rises to 4.437% — Data Talk
The 10-year yield rose 0.016 percentage point to 4.437% today. The price fell 4/32 to 98 17/32. --Yield is off 0.364 percentage point from its 52-week high of 4.802% hit Monday, Jan. 13, 2025 ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Bessent Is Right About Interest Rates. How He Could Send Them Higher.
But after taking that step forward, Bessent also took two steps back, indicating that he and legislators in Congress may move ...