Dollar Dips as U.S. Treasury Pick Calms Bond Markets ...Middle East

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Dollar Dips as U.S. Treasury Pick Calms Bond Markets
source : Devdiscourse ( Middle East ) () 94
The dollar has seen a slight decrease in its recent rise following the appointment of Scott Bessent as U.S. Treasury secretary. His fiscal conservatism calmed bond markets, leading to a dip in yields, which affected the dollar's rate advantage. Bessent, however, supports a strong dollar, questioning the persistence of this weakening.

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