Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Short Squeeze in US Swaps, Options Shows ‘Bessent Put’ at Work

Treasury Secretary Scott Bessent’s surprise plan to tamp down US borrowing costs by expanding bond buybacks may have sparked fierce debate about its ultimate effectiveness, but key market metrics and positioning show that it’s having an impact.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Swiss Market Ends On Firm Note

(RTTNews) - Despite struggling for direction early on in the session and very nearly slipping into negative territory around late afternoon, the Switzerland stock market's benchmark index SMI closed…

More from Tuesday 25 August →