Bessent says rising Treasury yields reflect global trend, not a U.S.-specific risk
Treasury Secretary Scott Bessent said rising Treasury yields reflect a broader global increase in borrowing costs rather than a problem…
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Soft September Jobs Report Pushes Fed Toward October Pause, but Yields and Dollar Hold Firm
September's nonfarm payrolls report came in far below expectations, pushing the odds of an October Fed pause to 77.9%. Yet…
Dollar heads for fourth straight weekly gain against the euro
The dollar is heading for a fourth straight weekly gain against the euro, lifted by rising US Treasury yields and…
Dollar Edges Lower as Soft Payrolls Loom While Yen Gains and Euro Slips on Inflation Data
The dollar edged lower on Friday after softer-than-expected U.S. nonfarm payrolls data kept rate-hike fears in check, while hot Tokyo…
Italy presses ECB for clarity on Lagarde’s future
Italy's Economy Minister Giancarlo Giorgetti said the government wants clarification on speculation that European Central Bank President Christine Lagarde could…
