Treasury yields fell and the price of gold continued its recent rally Monday after Treasury Secretary Scott Bessent essentially warned investors not to bet against his ability to tame the government bond market. Following last week's news that the Treasury will at least double its buybacks of long-term bonds, Bessent and his lieutenants signaled their readiness to deploy the nearly…
Extract — continue reading at the source.
Related stories
Grant Thornton Australia to join international advisory platform
Is MP Materials Stock a Buy After Earnings?
Guardant Health Dives After Losing A Patent Dispute; Judge Orders Royalties
Semiconductor Stocks Slide Ahead of NVIDIA Earnings: Intel Falls 5%, AMD Slides 4%, Taiwan Semiconductor Slips 3%
Super Micro Sinks 7% as Taiwan Indicts Employees Over Illegal AI Server Exports to China, Dell Slips
Can Eli Lilly Keep The Margin You Are Now Paying For?