Treasury yields maintained their upward momentum early Thursday after hitting a 19-year high in the previous session, following a U.S. business activity print that amplified expectations for Federal Reserve interest rate hikes. The benchmark 10-year Treasury yield was up one basis point to 5.124%, after reaching a 19-year high on Wednesday, jumping more than 13…
The Trump administration is looking into whether implementing a diesel export ban would ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. “We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said at a bilateral meeting between…
Traders work on the floor of the New York Stock Exchange (NYSE) on September 09, 2026 in New York City. Spencer Platt | Getty Images The benchmark 10-year Treasury yield climbed to its highest level since 2007 on Tuesday as a sell-off in U.S. government debt deepened ahead of the Federal Reserve’s interest-rate decision, which…
Former President Donald Trump and moderator Kristen Welker appear in a pre taped interview on “Meet the Press” at the Trump National Golf Club Bedminster, in Bedminster, NJ, Sep. 14, 2023. William B. Plowman | NBCU | Getty Images President Donald Trump on Sunday lashed out at NBC News “Meet the Press” host Kristen Welker,…
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran….
The US announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said was “the single greatest financial offensive ever”. Labelling it an “economic D-Day” for Iran, Bessent said the US would sever all economic ties with the country and added that any nation financially partnering with Iran…
5m ago Iran-Oman talks on Strait of Hormuz to continue Tuesday Oman and Iran are set to continue their talks on the future management of the Strait of Hormuz on Tuesday, Tehran’s foreign ministry spokesperson Esmail Baghaei said Monday. The spokesperson said Oman’s foreign minister will travel to Tehran to meet with Iranian officials….
Traders work on the New York Stock Exchange (NYSE) on August 06, 2026 in New York City. Spencer Platt | Getty Images Treasury yields pulled back slightly on Tuesday after long-dated bonds hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation. The yield on the U.S….
Traders work at the New York Stock Exchange NYSE Treasury yields rose on Thursday, with traders reacting to rising oil prices as Iran-Oman talks over the status of the Strait of Hormuz continued. The 10-year Treasury note yield — the main benchmark for mortgages, auto loans and credit card debt — was up more than…
National Treasury aims to strengthen cross-border controls on crypto. (Image created via Google Gemini) National Treasury’s latest attempt to regulate crypto is based on a fundamental misunderstanding of blockchain technology. So say industry players after the department published a draft manual governing cross-border crypto transactions. The draft manual sets out the rules licensed crypto asset…
