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Bessent, according to Wall Street executives who deal with him regularly, is particularly worried that traders will continue to pile into a trade on long dated treasuries that will send prices lower.
Real time pushes:
The Dow, S&P 500, and Nasdaq climbed as oil prices and bond yields fell
Spain to reform asylum laws to align with EU rules as Ceuta crisis remains unresolved
Mystery as US military plane lands in Moscow with no explanation from Kremlin or Trump
Darline Graham looks to hold on to her late brother's Senate seat in today's GOP runoff against Ralph Norman.
California sheriff refuses to budge on 650K seized ballots as Supreme Court weighs case
EU officials to travel to China in the coming days as October deadline for trade rebalancing looms
Five more arrested over A66 crash that killed two police officers among seven deaths
Apple launches new Mac Mini and Mac Studio desktops aimed at AI developers
Detailed accounts of the final hours of negotiations between the U.S. and Canada show how the talks collapsed.
