Pesent campaign to reduce the revenue of the cabinets that force the market to keep track of

US Treasury Secretary Scott does not stop talking about mortgage returns for ten years. In sermons and interviews, repeat it and confirm the management plan aimed at reducing these returns and maintaining their decline. Part of this matter is normal, as the cost of the government’s loans keeps at the heart of the ministry’s work, but Besent’s obsession with the US Treasury references has reached a limit that forced some parties in Wall Street to reconsider their expectations for the year 2025. Market movements are in response to pesent policy in the past few weeks, the great strategy in the field of interest in the institutions has reduced, “royalty” and the interest rates in the institutions “,” has an interest channel in the institutions “,” Royal “,” and the interest in the institutions “,” Royal “,” and the interest rates in the “Barclays”. Their expectations for mortgage returns at the end of the year, partly, said, because of the Best Century campaign to reduce them. ‘s campaign to reduce the budget deficit. Now it is developing: the treasury is not fought, “says Gonet Dingra, head of the US interest rate strategy at BNP Pariba. The impact of Trump’s marching yield policies has already begun to decline as it has fallen by half a percentage point on effects over the past two months, but similar relations on the rest of the revenue have been important to note this last two months. Defile is not related to pesent, as it is linked to his boss, Donald Trump, whose threats for the imposition of customs duties and the introduction of commercial wars have caused the fear of the recession, which has urged investors to get out of the shares and use the safety of effects. driven, it reinforced the feeling of some in the market that this administration is determined to reduce the returns in any way. No comments were issued by the Treasury following the request for the comments. The risks that can threaten Besent’s plans, of course, there are many factors that can hinder Besent’s plans and pay returns to rise again: such as the recovery of the stock market, or new indicators about the ongoing high inflation, or the obstacle of the mask and team efforts to reduce expenses. In a recent interview with the “Pasta” website, Bestent expressed his confidence that the budget cuts would be large enough to “feed a natural reduction in interest rates” contributing to the revival of the private sector, which is the same argument he has repeated in his interviews with “CBC” and “CNBC” networks, and in his speech in New York. Policies that support growth and reduce inflation, as well as reducing expenses, are aimed at reducing taxes and adopting policies to reduce energy prices, with the aim of increasing economic production and reducing inflation. Sobardra Rajaba, head of the US interest rate strategy at “Societe General”, which reduced her expectations for mortgage returns by three -quarters of the percentage point to 3.75%: “They rose a little roof for returns. distribution in the bond market. This type of trend talked about the so -called ‘Bess’s Put’ in the bond market, and it is a tip for the famous ‘guarantee of Greenspan’, which indicates that the federal reserve is constantly indicating when the stock market decreases. Dingra advises its clients to buy effects related to inflation for ten years, partly due to Besent’s commitment to reducing long -term returns. But what he convinced was not just Besent’s comments as a former hedge fund manager. The actual procedures surprised Wall Street last month, and Pesent announced plans to keep the size of the long -term debt version unchanged in the coming quarters, which surprised the authorities in Wall Street, which expected an increase in the offer later this year. This step was a clear haven from his previous positions, as Treasury Secretary Janet Yellen criticized during the election campaign for describing as a manipulation of issuing effects with the aim of lowering the borrowing costs and reviving the economy before the election. Besent also supported a review of the supplementary leverage of the Federal Reserve, the percentage the mortgage traders have been complaining about for a long time because it forces them to grant more capital when holding the treasury effects. “Besent’s intervention was not only limited to the statements, but also followed her with concrete measures that contributed to dropping the returns. It is a vigilance department in the bond market and keeps” warnings “in the market,” says Dingra. A joint effect between Pesent and Trump’s Blake Gwen policy, head of the US interest rate strategy on RBC Capital Markets, the probably negative impact of Trump’s customs policies on growth, along with Pesent’s efforts to reduce returns, led him to reduce his expectations for ten years from 4.75% to 4.75%. “The US administration has for ten years a tacit ceiling for mortgage returns,” Gouen said.