Scott Bessent

With chronically weak domestic demand, Beijing has doubled down on exports

BOJ widely expected to lift rates in September as inflation pressures grew

A hike in September, rather than in October, could fuel market bets the BOJ will raise rates once every quarter, some analysts say

Bigger US bond buybacks aimed at avoiding disorderly moves, not setting prices

Up to other countries to give China an incentive to shift away from exports, he says

He said he expects Bank of Japan Governor Kazuo Ueda to “do the right thing” on monetary policy

China says its cooperation with Iran was conducted within the framework of international law and should not be interfered with

Dealers had assumed the Treasury would fund those purchases by issuing more shorter-dated debt

The government isn’t retiring debt; it’s swapping expensive long-term IOUs for more short-term borrowing