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Finance & Markets

Wall Street on Alert for Treasury’s Scott Bessent to Act on Bond Yields Again

Wall Street traders wrong-footed by Treasury Secretary Scott Bessent’s surprise August decision to upsize purchases of older securities are game-planning for more activism, with key clues potentially surfacing Friday as the department prepares to update its debt management plans in November.

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

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JMST: Large Inflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Ultra-Short Municipal Income ETF (Symbol: JMST) where we have…

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