macro

Claudia Sahm, New Century Advisors chief economist, argues that the US Treasury's strategic debt buyback operations will only have a temporary, limited impact on markets. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)

Piero Cipollone said the Eurosystem would not identify digital euro users as central bank digital currencies face privacy concerns worldwide.

Yields on 30-year US bonds broke 5% last week, a level not seen since before the Great Financial Crisis. The Treasury Department bought bonds in an attempt to lower yields. It worked — for a day, then bond yields went back up. Meanwhile, in a not-exactly-unrelated development, the US national debt j

Jane Foley, head of FX strategy at Rabobank, discusses market anxiety over the US Treasury and Federal Reserve in what she calls “a very interesting week” for the dollar. She speaks on “Bloomberg Brief.” (Source: Bloomberg)

Treasuries gained at the start of a potentially pivotal week for the US bond market, with remarks from US Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh likely to determine where yields go next.

US Treasury Secretary Scott Bessent has been busy intervening in financial markets recently:

Gold hits over 3-month high ahead of US inflation data, Fed chair speech Reuters

Two Japanese bond auctions next week may challenge US Treasury Secretary Scott Bessent’s efforts to subdue longer-maturity Treasury yields.

Gold hits over 3-month high ahead of US inflation data, Fed chair speech Reuters

Two Japanese bond auctions next week may challenge US Treasury Secretary Scott Bessent’s efforts to subdue longer-maturity Treasury yields.