From the Editor's Desk

Trump's Treasury Selection Seen as Calming for Investors

President-elect Donald Trump’s choice of Scott Bessent for Treasury secretary could lift some of the gloom that has pervaded the sagging U.S. government bond market in recent weeks, investors said. 

The selection comes after days of speculation that weighed on Treasury markets already dogged by worries over a potential rebound in inflation and increase in the federal budget deficit from Trump’s economic plans such as tax cuts and import tariffs.


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