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Bonds rally, dollar dips on Treasury choice
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.
Morning Bid: Bonds rally, dollar dips on Treasury choice
A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the choice of fund manager Scott Bessent as incoming U.S. Treasury Secretary, with the main feeling one of relief that he's a mainstream candidate rather than an unknown.
Treasury bonds stage biggest rally in nearly 4 months after Bessent picked for Treasury
Longer-term Treasury yields dropped sharply Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget deficits.
1d
The U.S. Dollar: How Strong Will It Get
The U.S. dollar has strengthened, with the exchange rate at $1.04 per Euro as of November 22, 2024. Check out the factors ...
3d
Dollar climbs, euro weakens to two-year low after PMI data
The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each ...
3d
on MSN
How China Could Weaken the US Dollar
China has shown it can "operate as an alternative manager of dollar liquidity right in the heart of the petrodollar system," ...
13h
Stocks bounce, dollar slides with bond yields on Bessent pick
SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated against rivals as ...
11d
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed ...
Yen on MSN
3d
Russian ruble hits lowest level against dollar since March 2022
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a ...
5h
on MSN
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 ...
3d
on MSN
What Happens to the U.S. Dollar During a Trade Deficit?
Trade deficits happen when imports exceed exports. During a trade deficit, the U.S. dollar generally weakens, driving foreign ...
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