Bonds sharply sold off and stocks after Treasury Secretary Scott Bessent’s latest effort to tamp down what he called market “fever” backfired.
Bessent’s move to tamp down rising rates backfires, as bond yields jump and stocks tumble
Bonds sharply sold off and stocks after Treasury Secretary Scott Bessent’s latest effort to tamp down what he called market “fever” backfired.

Advertisement
Why it matters
- 1.The story may affect readers following this topic.
Related in World
The Gaslighting of Hannah Pettey
The Gaslighting of Hannah Pettey is a developing story being tracked by Unscrolled.
Oil tops $100 per barrel as U.S. and Iran launch new attacks
The price of crude oil hit a 15-week high after the U.S.
WorldPlayoff State of Mind: Yankees Tap Billy Joel for Merch Collection, Just In Time for the Postseason
The New York Yankees are heading towards another (likely) postseason run and the team has tapped one of New York’s most famous faces (and voices) to help root them on.