At the helm of US debt management policy for the first time, Bessent left broadly intact former Secretary Janet Yellen’s agenda. The Treasury will next week sell $125 billion of debt in its so ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

issuing U.S. debt for now in roughly the same mix of short and long-term securities as he had criticized former Treasury Secretary Janet Yellen for using. Shifting to more long-term debt would be ...

Sinking yields lessened the intense pressure on EM currencies, pressure which had forced 'doom loop' EM currency intervention ...

A year ago, newly confirmed Treasury Secretary Scott Bessent was critical of his predecessor Janet Yellen’s debt issuance strategy. On Wednesday, he stuck with it. More importantly, the somewhat ...

In January 2023, U.S. Treasury Secretary Janet Yellen announced that the government hit its debt ceiling, the maximum amount of money that the federal government can legally borrow. When this ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...

(Bloomberg) -- After repeatedly blasting Janet Yellen last year over her department ... straight so-called quarterly refunding plans, the Treasury has advised that it didn’t expect to increase ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...