U.S. Treasury Secretary Highlights Focus on 10-Year Treasury Yield

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AI Summary

Treasury Secretary Besent and President Trump are closely monitoring the 10-year Treasury yield, signaling potential concern over rising interest rates despite recent Fed cuts.

According to Odaily, U.S. Treasury Secretary Besent stated that he and U.S. President Donald Trump are primarily focused on the 10-year U.S. Treasury yield. Following significant interest rate cuts by the Federal Reserve, the yield on the 10-year Treasury has increased. Besent noted that President Trump has not called for the Federal Reserve to lower interest rates.

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U.S. Treasury Secretary Highlights Focus on 10-Year Treasury Yield

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