Joe Biden’s activist Treasury issuance continues under Donald Trump
Despite past criticism by Scott Bessent and Stephen Miran, the debt strategy persists and is spreading internationally
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US Treasury to sell more short-term debt in continuation of Biden-era policy
Treasury secretary Scott Bessent previously criticised issuance of short-term bills as means of keeping long-term interest rates…
Scott Bessent bets on stablecoins to bolster demand for Treasuries
Treasury secretary’s discussions with crypto groups have helped inform issuance decisions
Foreign Treasury holdings remain near record high despite tariff turmoil
International investors’ stockpiles of US government debt fell slightly in April
Bond investors count on Trump tariff revenues to rein in US debt
President’s levies now seen as a way to offset tax cuts and keep a lid on government borrowing
Scott Bessent discussed ways to recast ties between Federal Reserve and…
Conversations come at time when Donald Trump has launched assault on US central bank
The Trump administration’s challenge is Trump
Convoluted messaging and conflicting policies have been hallmarks of the president’s year