Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of ...
Also, according to Bloomberg data analyzing the total return of U.S. mutual funds that are labeled “investment-grade” ( PFIG) ...
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. The news ...
Reverse mortgages: Only generally applicable to homeowners age 62 and older, this option works as its name suggests: Lenders ...
Despite what Fed officials, economists, and their media enablers tell you, there’s no such thing as costless credit. This is ...
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Should you find it difficult to put much stock in what a Trump official says, there are economic factors that explain the ...
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...