Bessent says he, Trump are focusing on 10-year yields, not Fed

By ResidentialBusiness
February 6 in Scaling from Freelancer to Business Owner

https://residentialbusiness.com/income/topic/2570-bessent-says-he-trump-are-focusing-on-10-year-yields-not-fed/

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ResidentialBusiness

Posted February 6

- Report

Posted February 6

Treasury Secretary Scott Bessent said the Trump administration's focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve's benchmark short-term interest rate.

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