Gold Futures Rise on Weaker U.S. Dollar, Treasury Yields
Gold futures rise as U.S. Treasury yields and the dollar slide. The traditional correlations between gold and yields are weakening, however, with the market also taking note of central banks ramping ...
Treasury Yields, Dollar Stay Weak After GDP and Jobs Data
Treasury yields and the dollar remain weak as data bring little reason to change forecasts for Fed cuts. Durable goods orders in October increased by 0.2% after shrinking a revised 0.4% in September ...
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Scott Bessent May Rue the Day He Became U.S. Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
Morning Bid: Bonds Rally, Dollar Dips on Treasury Choice
He has also voiced support for a strong dollar, seemingly leaning against President-elect Donald Trump's previous dalliance ...
Dollar edges up with Trump's search for Treasury secretary in focus
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Trump ...
Dollar Falls After Treasury Secretary Announcement
The dollar declined in the wake of U.S. President-elect Donald Trump announcing he will nominate hedge fund manager Scott Bessent as Treasury Secretary, XTB's Kathleen Brooks said in a note. "Bessent ...
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Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, ...
Dollar slips with bond yields on Treasury nomination
The dollar relinquished a little of its recent gains on Monday as the pick for U.S. Treasury secretary seemed to reassure the ...