Reported 4 days ago
The Trump administration aims to reduce Treasury yields by cutting government spending and boosting energy production, moving focus away from the Federal Reserve. Treasury Secretary Scott Bessent emphasizes the importance of fiscal policy, reducing the deficit, and adjusting debt issuance, believing these steps could lower the yields on the 10-year Treasury note. However, significant challenges remain, including investor skepticism about fiscal policies potentially increasing deficits and the limitations in boosting energy production.
Source: YAHOO