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Ye XieFortune |
Bessent’s fixation on the 10-year yield is so intense that he’s forced some on Wall Street to tear up their predictions for 2025.
“What could happen is the Fed either delivers no more rate cuts, or actually finds itself having to raise rates again.”
With only two days to go, whether Fed policymakers will cut interest rates by a quarter-point or a half point is considered a tossup in US...
Citigroup unwound the remainder of the trade as Trump’s odds of winning the Nov. 5 election in the betting market slipped following Kamala Harris’s...
“I would not keep issuing them,” Mnuchin, who served as Treasury Secretary under then-President Donald Trump. “It’s just costly to the taxpayer...
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