The tenuous peace between Trump and the $30 trillion US bond market

"As Treasury Secretary, my job is to be the nation's top bond salesman. And Treasury yields are a strong barometer for measuring success in this endeavor," Bessent said in a November 12 speech, noting borrowing costs were down across the curve. The Treasury did not respond to a request for comment for this story.Treasury Secretary Scott Bessent – a former hedge fund manager - has repeatedly said he is focused on keeping yields down, especially on the benchmark 10-year bond, which affects the cost of everyth ...