Treasuries Rise as Bessent and Warsh Prepare to Influence Market Direction
Treasuries gained at the start of a pivotal week for U.S. bond markets, with investors closely watching remarks from Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh ahead of key developments on yields. The 10-year yield dropped three basis points to 4.71%, while the 30-year fell similarly to 5.24%. Market participants are eager for details about a proposed
Topics: Federal Reserve Chairman Kevin Warsh Jackson Hole symposium treasuries US Treasury Secretary Scott Bessent yields