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Stocks bounce, dollar slides with bond yields on Bessent pick
By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated against rivals as bond yields slid following the selection of fund manager Scott Bessent as the next U.
Bonds bounce, dollar dips on Bessent pick
Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors cheered the appointment of fund manager Scott Bessent as the next U.S. Treasury secretary, figuring he would be a voice for markets in Washington.
Treasury yields drop after Bessent picked for Treasury
Bond yields dropped on Monday on hopes that President-elect Donald Trump’s pick of Scott Bessent to be Treasury secretary will help lower budget deficits while slowing the implementation of tariffs.
Dollar follows US yields lower after Bessent Treasury nomination
The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald Trump's pick for the next U.S. Treasury secretary will promote more fiscal discipline than investors had been fearing.
1d
The U.S. Dollar: How Strong Will It Get
The U.S. dollar has strengthened, with the exchange rate at $1.04 per Euro as of November 22, 2024. Check out the factors ...
12h
on MSN
Morning Bid: Bonds rally, dollar dips on Treasury choice
A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the ...
11d
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed ...
3d
on MSN
How China Could Weaken the US Dollar
China has shown it can "operate as an alternative manager of dollar liquidity right in the heart of the petrodollar system," ...
3d
on MSN
Trump goes to war with the press: multi-billion dollar lawsuits and commands to ‘kill’ media protections
The president-elect spent his campaign suing news organizations for billions of dollars. In office, he could strip press ...
U.S. News & World Report
11d
Dollar Marches On, Trump Trade Momentum Undimmed
Trump has vowed to make the
United
States
"the crypto capital of the planet". Elsewhere, the Australian
dollar
fell to ...
Yen on MSN
3d
Russian ruble hits lowest level against dollar since March 2022
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a ...
Inquirer on MSN
3d
Peso hits record-low 59 as Trump 2.0 boosts dollar
The Philippine peso on Thursday sank to a record-low 59 against the greenback as Donald Trump’s return as US president ...
2d
Dollar climbs, euro weakens to two-year low after PMI data
The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each ...
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