• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Wall Street braces for more Bessent activism on bond yields

FinanceInternationalBloomberg15 s readAI summary
Image: Bloomberg

Wall Street traders, caught off guard by Treasury Secretary Scott Bessent's decision in August to upsize purchases of older securities, are preparing for more activism from the official. Possible clues could emerge on Friday, when the department is set to update its data.

Read the full story at Bloomberg

IASummary generated by artificial intelligence from a story by Bloomberg. It may contain errors: the original source prevails.

More flashes