World stocks, bonds bounce on Bessent pick as US Treasury Secretary
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might restrain debt levels, while falling yields weighed on the dollar and commodities such as gold and crude declined.
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
The U.S. dollar surged against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...
The dollar rallied against major peers on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from ...
US President-elect Donald Trump has warned that he would impose huge new tariffs on China, Mexico and Canada on his first day ...
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an ...
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world, as traders trim bets that the return of Donald Trump will send tremors throughout ...
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