The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.
Treasury Secretary Scott Bessent struck a more humble tone in the interview with Axios, a marked contrast from September when he asserted he was “the house.”
Abbas Araghchi, Iran’s foreign minister, said a history of contradictory messaging meant that President Trump’s rejection might not be a final position.
In a meeting on Sunday, the U.S. Treasury secretary and China’s vice premier talked about having a shared vision on the goals of artificial intelligence and the threats it poses.
Treasury Secretary Scott Bessent said on Sunday that the alert system would be activated when a matter related to artificial intelligence reaches the national security level.
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