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Scott Bessent takes on bond vigilantes in $32tn Treasury market
Wall Street investors say move to buy more long-term US debt is a ‘band-aid on a bullet hole’
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What is Bessent doing with the $32tn Treasury market — and will it work?
US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs
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War comes to Putin’s favourite Black Sea resort
Ukrainian drone attacks bring sirens, oil slicks and petrol queues to Russians holidaying around Sochi
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The US Treasury is buying long bonds, but not very many
Speaking loudly but wielding a teeny-tiny stick in
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From balloons to pans: in praise of useful tech
Companies developing new materials with previously unknown properties could change the material world
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Investors cut bets on US and UK rate rises
Weaker economic data has changed expectations despite a rally in oil prices
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US long-term bonds slide as Bessent intervention fails to soothe investors
Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities
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