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The Economic Times

Entertainment / The Economic Times

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US yield curve twists expose Trump's and Bessent's rate dilemma

U.S. bond yields are surging to unprecedented levels, putting the Trump administration in a tough spot. While President Trump pushes for lower interest rates, Treasury Secretary Bessent prioritizes managing inflation and bond yields. Faced with competing pressures, the Federal Reserve must decide between boosting rates to maintain price stability or decreasing them, risking inflation.

12 Aug 2026 7:46 am