Scott Bessent
US dollar dips to three-month low as Treasury buyback strategy weighs on currency
The US dollar hovered near a three-month low as traders reacted to the Treasury's evolving debt management strategy and broader market turbulence.
US to impose toughest sanctions ever on Iran and urges China to cooperate
The United States has announced a dramatic financial escalation in its Middle East conflict, preparing historic sanctions against Iran while pressing China to halt its massive oil imports.
Trump threatens Iran trade partners with sweeping economic sanctions
Shifting from military strikes to economic warfare, the US administration has warned international partners against aiding Tehran's financial or energy sectors.
US Treasury to double long-term bond buybacks as debt hits 40 trillion
The US Treasury is doubling its long-term bond buybacks as the national debt surpasses $40 trillion, seeking to signal market stability amid rising yields.
Gold Holds Near Two-Month High as Treasury Yields Fall
Gold prices hovered near a multi-week high, supported by falling U.S. Treasury yields, a weaker dollar, and new Treasury debt buyback policies.
Trump threatens sweeping economic penalties for any nation aiding Iran
President Donald Trump has announced a major economic campaign against Iran, threatening severe penalties for any country that provides the nation with a lifeline.
Strait of Hormuz traffic stalls as US threatens economic pressure on Iran
Commercial transit through the Strait of Hormuz has slowed to a near standstill following recent vessel attacks and a sustained US naval blockade. Widespread economic pressure and new financial measures are being prepared.
US Treasury vows 'never seen before' sanctions on Iran
US Treasury Secretary Scott Bessent announced plans for unprecedented economic isolation and a naval blockade against Iran following stalled ceasefire talks.