Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25 ...
Trump said in a post on Truth Social that on his first day in office he would impose a 25% tariff on all products from Mexico ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
Bond markets cheered the selection of fund manager Scott Bessent as U.S. Treasury secretary on Monday on expectations he ...