Top Trump fundraiser lines himself up for Treasury secretary
Billionaire hedge fund manager Scott Bessent canvasses for deputies
10-year Treasury yield rises as traders see Trump having edge in election
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in overnight trading as investors weighed the early results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield jumped 14 […]
U.S. Treasury yields ahead of jobs data
The yield on the 10-year U.S. Treasury continued its ascent on Monday, after hitting a three-month high last week. The 10-year Treasury yield rose more than five basis points to 4.284%, while the 2-year Treasury added three basis points to 4.126%. Yields move inversely to prices. One basis point equals 0.01%. The yield on the […]
Treasury confirms plans for inflation-busting rise in UK social housing rents
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves has announced plans to raise rents for social housing by more than inflation over the next five or 10 years while also providing an immediate £500mn cash injection for housing associations […]
10-year Treasury yield dips below 4.1% Friday after big jump this week
The U.S. 10-year Treasury yield dipped below 4.10% on Friday as investors assessed the latest inflation data that came in cooler than expected. The yield on the 10-year Treasury slipped less than a basis point to 4.088%, after having ended last week at 3.97%. The yield on the 2-year Treasury was down about 5 basis […]