Bessent says he has 'asymmetric information' in yen intervention
Treasury Secretary Scott Bessent said he has 'asymmetric information' and is 'the house now' when intervening in the Japanese yen, drawing criticism from Wall Street figures.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
5 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Treasury Secretary Scott Bessent said he has 'asymmetric information' and is 'the house now' when intervening in the Japanese yen, drawing criticism from Wall Street figures.
Opendoor Technologies shares fell 3.34% to $3.18 Monday as traders reacted to hawkish Federal Reserve comments, rising September hike odds and higher Treasury yields.
S&P turns positive while DJIA sags slightly. US 10-year yield is unchanged at 4.68% and the yield curve flattens somewhat.
US Treasury 2/10 yield curve briefly flattens after CPI data, now steepening at 47 BPs
The US Treasury yield curve is flattening as markets prepare for PCE inflation data, signaling potential tighter Fed policy and sticky inflation concerns.