Treasury bonds stage biggest rally in nearly 4 months after Bessent picked for Treasury

Longer-term Treasury yields dropped sharply Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget deficits.

Nov 25, 2024 - 11:15
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Longer-term Treasury yields dropped sharply Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget deficits.

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