Bessent says Trump is focused on the 10-year yield, won’t push Fed to cut rates
U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | ReutersThe Trump administration is more focused on keeping Treasury yields low rather than on what the Federal Reserve does, Treasury Secretary Scott Bessent said Wednesday.While in the past Trump...