Market Stability on the Horizon

United States Treasury Secretary Scott Bessent shared his optimistic outlook for the bond market during a recent Fox News interview. "I expect the bond market to calm down," Bessent stated, attributing this anticipated stability to the increasing certainty as the US engages in trade deals with its partners.

Deregulation and Dollar Strength

Further elaborating on his perspective, Bessent highlighted the potential for banks to increase their treasury purchases thanks to the administration's planned deregulation. He also reassured the public of the US's commitment to a "strong dollar policy", despite recent fluctuations in its value due to economic uncertainties.