Become the Treasury Secretary first for a year before assuming the position of Chairman of the Federal Reserve? It is rumored that Trump has set his sights on Kevin Warsh.
According to informed sources, the newly elected president Trump has proposed to choose financier Kevin Warsh as the Secretary of the Treasury; and when the term of Federal Reserve Chairman Powell ends in 2026, Warsh may also be nominated as the Chair of the Federal Reserve.
Goldman Sachs, the "bull market leader", outlook for 2025: Next year, the USA will be a year of simultaneous rise in stocks and bonds.
Goldman Sachs is bullish on the USA stock market and bonds market in 2025.
Trump is considering letting Walsh serve as Treasury Secretary first, and then as Chairman of the Federal Reserve.
Some informed sources indicate that Trump is considering appointing Bessent to lead the White House Economic Council. If Powell becomes the chairman of the Federal Reserve, Trump will nominate Bessent to be the Secretary of the Treasury later in his term.
Rise in Treasury Yields Doesn't Surprise as Fed Cuts in Robust Economy -- Market Talk
Treasury Yields Resume Rising Trend -- Market Talk
Treasury Yields Rise as Prospects for the U.S. Economy See Traders Trim Rate Cut Bets
Piper Sandler Sees the Benchmark US10Y Drifting Below 4% by Year-end
Treasury Yields Fall as Investors Await Data for Clues About the Economy
US Blue-Chip Bond Issuance Reaches Second-Highest Level Ever
This Fed-based Market Signal Is Flashing a Warning for the First Time in Over a Decade. Here's Why It Matters.
As US bond yields soar, how much longer can the US stock market party last?
Currently, there are no signs of a bear market in the US stock market, but the surging yields on US Treasury bonds may become a turning point for the situation. Bank of America Merrill Lynch states that when the 10-year US Treasury yield exceeds 5%, investors tend to shift from the stock market to the bond market, limiting the rise of US stocks. This yield has climbed by 80 basis points since mid-September, although the bank indicates that the current interest rate risk is manageable.
Dollar, Treasury Yields Could Correct Lower -- Market Talk
German Bunds, U.S. Treasurys Seek Near-Term Direction -- Market Talk
With Trump's inauguration approaching in January, Bank of America Merrill Lynch advises investors to adjust their portfolios: focusing on U.S. bonds, Central and Eastern European stock markets, and gold.
Bank of America advises investors to adjust their portfolios before Trump's inauguration in January, focusing on US Treasury bonds, China and Europe stock markets, and gold.
Treasuries See 2024 Gains Dwindle With December Fed Cut at Risk
US National Debts Rise To Historic Record US$36 Trillion
U.S. Two-30-Year Treasury Yield Spread Has Room to Widen -- Market Talk
"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
Wall Street comments on CPI: A rate cut next month is basically certain, but the pace of rate cuts next year may slow down due to Trump's policies.
Wall Street analysts say that CPI data in line with expectations can almost guarantee that the Federal Reserve will cut interest rates next month, but the market still needs to assess the impact of inflation caused by the next US president, Trump, which may lead to the Federal Reserve slowing down its rate cuts next year.
Treasury Yields Slip After CPI Data -- WSJ