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US Treasury • 3 min read In Bessent We Trust The Bond Vigilantes like Scott Bessent, who was nominated to be US Treasury Secretary by Donald Trump yesterday. Their vote…
Fiscal Policy • 3 min read Modern Monetary Magic At Work Republican Everett Dirksen was the Senate Minority Leader during the 1960s. Cautioning that federal spending had a way of getting…
Bond Market • 3 min read Treasuries Anticipating Trump 2.0? Long-term US government bond prices fell sharply since the presidential debate on Thursday evening. The 10-year Treasury yield rose from…