Tag: Scott Bessent
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China’s Xi urges U.S. to cooperate on AI
U.S. President Donald Trump hosted Chinese President Xi Jinping on Thursday at the White House.
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Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.
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Yields are soaring to levels not seen in decades. What could stop the rout in bonds?
Bonds are the current obsession of Wall Street, and rightly so.
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Japan’s 10-year bond yield hits 30-year high following sell-off in Treasurys
Japanese 10-year government bond yield rose to a 30-year high on Thursday, following a surge in Treasury yields.
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U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.
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Here’s what happens to the economy when Treasury yields soar like they are now
Government debt costs leaped higher Wednesday, the product of multiple factors.
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Trump-Xi summit puts AI safety talks on the table but neither side wants to slow down
Recent weeks have seen AI safety fears reach new heights. That will be a key focus for the U.S. and Chinese premiers, analysts told CNBC.
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Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says
“We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said.
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Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning
Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.
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CNBC’s The China Connection newsletter: Five things to watch for the Trump-Xi summit
Many in China sound far more optimistic than those in the U.S. about the bilateral relationship, ahead of a highly anticipated summit this week.
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