Scott Bessent Faces House Panel as 10-Year Treasury Yields Hit 5%
U.S. Treasury Secretary Scott Bessent faces the House Financial Services Committee today as 10-year Treasury yields cross 5% for the first time since 2007.
U.S. Treasury Secretary Scott Bessent faces the House Financial Services Committee today as 10-year Treasury yields cross 5% for the first time since 2007.
U.S. stock indices tumbled sharply as the Dow Jones Industrial Average dropped roughly 501 points amid soaring Treasury yields and escalating oil prices, driven by geopolitical…