welcome
Yahoo Finance

Yahoo Finance

Business

Business & Economics

Bessent says ‘convulsions’ in bond market not ‘systemic'

Yahoo Finance
Summary
Nutrition label

73% Informative

Treasury Secretary Scott Bessent says "very large leveraged players" are experiencing losses in the bond market.

He also issued some new warnings to China as a trade war with the US escalated, saying it shouldn’t try to devalue its currency and that all policy options are possible.

The 10-year yield (^TNX) jumped 17 basis points to kick off the week , a massive 34 basis point swing from a low of 3.87% to a high of 4.21% .

Strategists have laid out multiple theories as to why bond yields are soaring.

VR Score

70

Informative language

64

Neutral language

62

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.