Bessent News

The Treasury secretary's intervention in the yen market has had an impact, but US bond yields continue to climb, raising questions about the effectiveness of th

Treasury yields have jumped, with 10-year borrowing costs reaching their highest level in nearly three years, as investors were disappointed by Bessent's $6bn b

Bessent has warned currency traders against betting against the yen, following a rare joint intervention with Tokyo in July to support the Japanese currency.

After meeting Russia's finance minister, Bessent attributed high energy prices to Ukraine's attacks on Russian oil infrastructure and the US war with Iran.

Bessent issued a warning to Iran's global supporters, stating they would be put out of business if they continued their support. He highlighted the economic imp

Bessent suggests that G20 countries should also implement tariffs to safeguard their industries from inexpensive imports.

US Treasury Secretary Bessent stated that the Strait of Hormuz could become 'worthless' within two years. These comments were made amidst heightened tensions an

Japan is facing a day of policy reckoning as Bessent signals an end to significant stimulus measures.

Bessent is advocating for sanctions against Iran as the G20 group addresses global economic growth and debt challenges.

The Treasury secretary, Bessent, is facing a credibility challenge as he attempts to influence the economy ahead of the upcoming midterm elections.

Bessent outlined the Trump administration's 'economic asphyxiation' plan for Iran, which involves targeting its financial connections, oil revenues, and other e

Oil prices have fallen following the US Treasury Secretary's announcement of new sanctions against Iran, with market reactions described as muted ahead of a pot

Treasury market interventions, such as Bessent's moves on the yen and long-dated bonds, are described as temporary solutions that do little to provide long-term

Bessent has warned countries to cut ties with Iran or face the "full reach of American power" as the US launches an "economic onslaught" to sever Iran's global

Treasury Secretary Bessent has unveiled a comprehensive campaign of sanctions and pressure against Iran. Bessent stated that President Trump is contacting other

Bessent has announced additional sanctions aimed at creating an "economic onslaught" against Iran and its partners, as the Trump administration seeks to use all

The US is set to announce new sanctions against Iran, which has retaliated by threatening to halt all oil exports from the Gulf if the economic war continues.

Bond traders have reportedly described Bessent's 'band-aid' as 'a heinous financial crime.' This news comes amidst other financial updates including Venezuela's

Bitcoin has surpassed $75,000 for the first time since early June, following Bessent's intervention in bond markets which boosted risky assets, and as Donald Tr

US Treasury Secretary Bessent has vowed the toughest sanctions against Iran and urged China's support, stating that new economic measures will 'collapse' the Ir

The US Treasury secretary, Bessent, has made a significant bet to counter rising borrowing costs in the $32 trillion Treasury market. This move aims to stabiliz

Bessent has issued a warning to allies and China as President Donald Trump plans an "economic D-Day" against Iran, aiming to intensify economic pressure followi

US Treasury bond buybacks may offer temporary relief for bond yields, but persistent inflation, deficits, and heavy borrowing could maintain pressure on yields.

ING criticizes Bessent's $4 billion bond plan, comparing it to 'rearranging deckchairs on the Titanic' given the US national debt. The article also touches on v