A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture. Yields on the 10-year Treasury note — the key benchmark for mortgages, auto loans and credit card debt — were flat at at 4.7021%. The longer-dated 30-year Treasury note yield was also unchanged at 5.2297%. The yield…
Gold pure gold bar models captured in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images Gold prices on Tuesday rose to their highest in more than three months, supported by a weaker U.S. dollar and as the U.S. Treasury’s bond buyback plans keep the lid on yields. Spot gold gained…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20, 2026. Yuri Gripas | Abaca | Bloomberg | Getty Images The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior…
Treasury yields moved lower Monday as investors look ahead to Federal Reserve Chair Kevin Warsh’s keynote speech at Jackson Hole, which takes place later this week against a backdrop of bond market pressure, stubborn inflation and soaring U.S. national debt. Yields on the 10-year Treasury note — the main benchmark for mortgages, auto loans and…
Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th, 2026. CNBC Investors over the past several days have priced in a likelihood of higher inflation ahead, a potential sign that the Treasury Department’s efforts this week to improve liquidity in the government debt market are raising…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 29, 2026. Brendan McDermid | Reuters Longer-dated U.S. government bond yields edged higher on Friday as investor jitters over the Treasury Department’s extended debt repurchase program and soaring national debt continued to hover over markets. The…
The JPMorgan Chase & Co. global headquarters building in New York, Jan. 20, 2026. Michael Nagle | Bloomberg | Getty Images The U.S. government’s efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan. The Treasury…
If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can’t go it alone. A sustained effort to bring down Treasury yields would eventually require coordination with Bessent’s longtime friend, now at the Federal Reserve, Chairman Kevin…
