SYDNEY : The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar's rate advantage.Yields on 10-year Treasuries slipped to 4.351 per cent, from 4.412 per cent l

Channel News Asia

Singapore

Dollar dips with Treasury yields after Bessent pick

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Government of Singapore

Ad Fontes Media

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CBS News

National Amusements

Michael Redstone

Trump picks billionaire hedge fund manager Scott Bessent as Treasury secretary – Advertising and Donations – advertising-newsandtimes.com

The long-awaited candidate for the next U.S. Treasury Secretary has finally been announced. President-elect Trump nominated hedge fund billionaire Scott Bessent to take the helm of his Treasury Department late on November 22. How did Bessent emerge from the deadlocked competition? Bessent will become the main leader of the economic team of the new Trump administration. In addition to continuing to cut taxes and reduce regulations, the team's mai…

一直備受矚目的美國下一屆聯邦財政部長人選終於揭曉了，候任總統川普（特朗普）在11月22日晚些時候提名了對沖基金億萬富翁斯科特·貝森特（Scott Bessent）為他的財政部掌舵。貝森特是如何在幾盡僵局的競爭中脫穎而出的呢？ 貝森特將成為川普新政府的經濟團隊的主要領導人，該團隊的主要任務除了繼續減稅和削減監管之外，其重中之重是實施關...

貝森特如何在川普財長人選中脫穎而出 | 財政部長 | 斯科特·貝森特

大纪元 Epoch Times

Falun Gong

How Bessant emerged as Trump's Treasury pick

(Bloomberg) — The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory.

Financial Post

Leon Cooperman

Allianz

Canada

Dollar Falls as Treasury Pick Tempers Trump Bets: Markets Wrap

The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

Dollar Falls As Treasury Pick Tempers Trump Bets: Markets Wrap

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HT Media

New Delhi

Delhi Division

Delhi

India

WASHINGTON: President-elect Donald Trump’s choice of Scott Bessent for Treasury secretary could lift some of the gloom that has pervaded the sagging US government bond market in recent weeks, investors said. Trump on Friday said he had chosen Bessent, a prominent investor, as Treasury secretary, a key cabinet position with vast influence over economic, regulatory and international affairs. The selection comes after days of speculation that weigh…

Dawn

Dawn Media Group

Pakistan

Investors view Trump’s Treasury pick as relief for bond market worries

Markets React to Scott Bessent’s Nomination as U.S. Treasury Secretary  Scott Bessent's nomination as U.S. Treasury Secretary has dominated conversational topics within Asian and global markets, bringing feelings of relief with his fiscal conservative approach. His nomination has influenced a drop of 6 basis points in 10-year Treasury yields upon announcement.Bessent aims to cut the U.S. budget deficit to 3% of GDP while tackling the national de…

Devdiscourse

Markets React to Scott Bessent’s Nomination as U.S. Treasury Secretary

Markets see Bessent taking a more phased approach on tariffs and attempting to rein in the budget deficit.

Fortune

Chatchaval Jiaravanon

New York

Dollar's sizzling rally cools as Bessent nominated for Treasury

SYDNEY: The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar's rate advantage.
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Dollar dips with Treasury yields after Bessent pick

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