Us Treasury - GoKawiil

Bessent Presses G20 Allies for Support on Iran Sanctions Amid Tariff Tensions

Treasury Secretary Scott Bessent opened G20 finance minister talks in Asheville, North Carolina, seeking backing for new sanctions on Iran, including targeting another bank as part of an effort he calls 'Operation Economic Outcast.' The meeting unfolds against a backdrop of renewed U.S.-Iran hostilities and strained trade relations with allies like Canada following tariff escalations.

fastcompany.com · 2026-08-31

US Treasury bond yields stay elevated despite Bessent's buying push

The Trump administration's Treasury Secretary Scott Bessent moved to boost bond purchases last week, hoping to push yields down and ease the government's debt-servicing burden. Yields dipped briefly but climbed back to pre-intervention levels by Friday, with the 30-year bond trading near multi-decade highs. Trump has responded by attacking the Federal Reserve and even threatening Switzerland over its lower rates.

theguardian.com · 2026-08-24