But they weren’t “afraid,” as Trump asserted. Rather, Bessent made a trillion-dollar bet on the bond markets, and in the long ...

With the president’s tariff pause doing little to quell panic in the markets, his man at the Treasury has been put in an essentially impossible position. His fate is an increasingly open question ...

“In my talks with [the president], he and I are focused on the 10-year Treasury [yield],” Treasury Secretary Scott Bessent said ... to improve bank stability by increasing capital on hand.

Trump may have made the announcement, but Scott Bessent stepped in and took the wheel. He didn’t just clarify — he owned the narrative. Straight down the fairway: everyone but China reverts to the 10% ...

European Union finance ministers expressed interest on Saturday in the idea of a joint defence fund that would buy and own ...

When stocks and bonds decline together, investors get spooked about broader economic stability ... Treasury Secretary Scott Bessent dismissed the moves in the bond market as “uncomfortable, ...

Scott Bessent is having a moment. “Wall Street’s Best Hope to End Trump’s Global Trade War Is One of Its Own,” says The Wall Street Journal. “Bessent Emerges As Man of the Hour Trade Negotiator,” says ...

Canada and Japan said they would step in to provide stability if needed ... Treasury Secretary Bessent shrugged off questions about market turmoil and said the abrupt reversal rewarded countries ...

Follow our latest tariffs coverage in our live blog; Donald Trump has paused his tariff onslaught for 90 days in a major ...

US Treasury Secretary Scott Bessent praised President Javier Milei’s policies in Argentina as a model for other market-friendly governments in Latin America, in a symbolic show of support for the ...