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Dollar dips with Treasury yields
Dollar, US Yields Fall on Bets Bessent Will Dilute Trump Plans
The dollar fell and US government bonds rallied after Donald Trump picked Scott Bessent to run the Treasury, a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals.
Dollar follows US yields lower after Bessent Treasury nomination
The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald Trump's pick for the next U.S. Treasury secretary will promote more fiscal discipline than investors had been fearing.
US Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting.
Dollar gains
Equity markets retreat, dollar gains as Trump fires tariff warning
Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
Dollar gains after Trump vows tariffs against Mexico and Canada
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada.
Trump's Tariffs Drive Dollar Surge
The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from Mexico and Canada. The dollar increased notably against the Mexican peso and Canadian dollar,
18h
The Bessent Bounce — Markets Cheer Trump’s Treasury Pick
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...
2d
on MSN
Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
1d
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...
1d
Dollar Falls After Treasury Secretary Announcement
The dollar declined in the wake of U.S. President-elect Donald Trump announcing he will nominate hedge fund manager Scott ...
21h
on MSN
Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data
U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick, and awaited a key inflation reading.
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