Treasury yields rise
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Scott Bessent, Treasury Secretary
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The dollar fell sharply on Wednesday after Bloomberg, citing an unidentified White House official, reported U.S. President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon.
TLTW has outperformed YTD and should continue to outperform if conditions remain as they are.
Treasury yield fell but yields remained elevated and would likely stay around current levels due to reduced expectations for Fed rate cuts, Exness said.
The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.
Today, The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) announced it has added 325 more Bitcoin to its treasury, investing £27.1 million at an average price of £83,525 per BTC. This brings the company’s total Bitcoin holdings to 1,600 BTC, acquired at a total cost of £127.3 million and an average price of £79,534.
U.K. Treasury chief Rachel Reeves has announced plans to cut regulations for banks and finance firms to boost the economy.
1don MSN
U.S. Treasury yields will trade in a tight range over the coming months, with a strong majority of bond strategists surveyed by Reuters predicting demand for Treasuries lagging an expected deluge of new supply.
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