Investors in the futures options market are betting the benchmark U.S. 10-year Treasury yield is headed higher to 5% in the near term, reflecting worries that the incoming Trump administration's policies will increase an already bloated fiscal deficit and revive inflation.

Trading in the U.S. bond market ended early, at 2 p.m. New York time, and U.S. stock markets were closed for the entire day to mark former President Jimmy Carter’s memorial. Whe

The New York Stock Exchange is closed today in observance of the National Day of Mourning in recognition of the passing of former President Jimmy Carter. "Jimmy Carter, with humble roots as a farmer and family man,

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation

The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent, Politico reported on Thursday, citing three unnamed sources familiar with the panel's plans.

US President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, is set for a confirmation hearing on Jan. 16, according to the Senate Finance Committee.

The Senate Finance Committee has reportedly locked in January 16 as the big day for Scott Bessent, President-elect Donald Trump’s pick for Treasury Secretary. So now Scott, a hedge fund mogul and crypto lover,