Investors see Treasury pick Bessent as calming US bond market worries

By Yahoo! Finance   |   1 year ago
Investors see Treasury pick Bessent as calming US bond market worries

President-elect Donald Trump's pick of Scott Bessent for Treasury secretary could boost the U.S. bond market. Bessent, a seasoned investor, is seen as a fiscally conservative choice, likely to bring more discipline to economic policies.

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