Scott Bessent Says US Bonds Are ‘Best Performing’ As 10-Year Treasury Yields Touch 2007 Highs — Do Bond-Market Data Back Him Up?
In an interview with CNBC on Monday, Bessent said the U.S. bond market “is the most resilient in the world,” adding that it will have been “the best performing bond market” this month.
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Is The $4B Treasury Buyback A Policy Mistake? Bessent’s Mentor Thinks Yes, But Some Say ‘Don't Fight The Treasury’
Stanley Druckenmiller, the American investor who also mentored Treasury Secretary Scott Bessent in his early career, suggested in an opinion piece on Wall Street Journal that the U.S. Treasury’s buyback move was a policy error.
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Fed Just Changed The Game, Says George Noble: Has Warsh's Higher-For-Longer Policy Displaced Hormuz Concerns?
In a Substack post, George Noble said Fed Chair Kevin Warsh’s refusal to provide a dot plot in the latest policy statement was a deviation from the Fed’s long-term approach.
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ETF Strategies to Follow as Powell Hints at September Rate Cuts
Fed Chair Powell signaled a September rate cut, triggering rallies in stocks, bonds and cryptos. ETFs like GOVT, SDIV, SPYG, IBIT, VNQ and XLU are set to gain.