Scott Bessent takes on the bond market
And makes trouble for the Fed
We haven't written up this one. The Economist Finance has the full story — the link below goes straight to it.
More in Finance & Markets
Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand
They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field
- Petrobras and Seatrium consider joint venture for offshore natural gas exploration.
- Two FPSO vessels Petrobras 80 and Petrobras 82 to be deployed in Buzios oil field.
- Partnership aims to meet rising Asian natural gas demand.
Wall Street Is Now Backing the Clarity Act. Here's the Most Likely Scenario for What Happens Next With Crypto.
Even if there's no clarity on the Clarity Act, Coinbase and Circle could still power higher over the next 12 months.
Iran War: Bloomberg Claims High Oil Flows Through Hormuz as Iran Threatens for Real Closure; Diesel Stress Rises as Canada Oil Exports to Fall Near Term; Investors Diss Bessent Treasury Meddling, Finger Inflation as the Issue
Today's Iran war news: Diverging claims on Strait of Hormuz oil transits as Iran vows tight closure and investors trash Bessent Treasury meddling.
Indian Rupee: Yields looking attractive after sell-off – DBS
DBS Group Research strategist Sherilyn Chew says hawkish Reserve Bank of India (RBI) minutes and volatility at the long end of the US Treasury market have pushed India rates higher.
China to supply bulk of India’s fertiliser tender in major sale
China will ship at least 1.2 million tons of urea to India soon as part of India's recent tender for the key fertiliser. This marks an improvement in global urea market tightness after earlier…
Are We Misreading The Oil Demand Shock From Hormuz?
The consensus was that the oil price would return to pre-war levels once the Strait of Hormuz opened. It is time to challenge that presumption.