Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
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Iran threatens 46 ships in Strait of Hormuz transit crackdown
Tehran said vessels violated protocols for travelling across waterway and could face fines or confiscation
Hedge fund Saba takes on Baillie Gifford in new board battle
Boaz Weinstein’s activist fund has been waging a campaign against UK investment trusts
‘They asked too much’: Canadian dollar slides as Ottawa and Washington head for all-out trade war
“As a smaller, more open economy, Canada has more to lose from this,” ING strategists said Monday.
Singapore inflation hits highest in nearly two years, but undershoots expectations
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters