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Bessent, in two interviews this week, said the Trump administration wants to focus on lowering long-term interest rates, which are largely influenced by the yield on the 10-year US Treasury note.

Friday's selloff in U.S. government debt was gaining momentum in 3-year through 7-year Treasury notes after University of Michigan data showed consumer-inflation expectations are rising.

10-year Treasury note yields spiked from 3.6% in September to almost 4.8% in January. In the month since the last Non-Farm Payrolls report and the change in administration, yields have rallied by ...

Brock Nelson took part in Team USA's first practice ahead of their first game against Team Sweden on Thursday. New York Islanders forward Brock Nelson is in Montreal with Team USA ahead of the ...

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent. “For far too long ...

President Trump announced Sunday that he asked the Treasury Department to stop producing pennies, calling the 1-cent coin wasteful. He said in a Truth Social post that he told Treasury Secretary ...

In the motion, Cloud Software Group, Inc. CEO Tom Krause argued that "it is important that high-level political appointees, such as the Treasury Secretary, Deputy Secretary, Chief of Staff ...