Bessent Says Trump Wants Lower 10-Year Yields, Not Fed Cuts

Published on February 6, 2025

Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term interest rate.

Continue reading on website
Other news

Amazon Cloud Needs to Deliver After Microsoft, Alphabet Misses

February 6, 2025
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs. Now both could be in question.

Market Valuation, Inflation and Treasury Yields - January 2025

February 6, 2025
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. On August 4th, 2020, the 10-year Treasury yield hit its all-time low of 0.52%. As of January 31st, it was 4.54%.