Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Behind the Bond Market Rollercoaster and Bessent’s...
Business & Finance

Behind the Bond Market Rollercoaster and Bessent’s Treasury Intervention

Bloomberg Markets Wednesday 19 August 2026, 22:46 UTC By Stacey Vanek Smith and Rachael Lewis-Krisky 1 min read
Key Points

On Monday, US Bonds Saw a Sell-Off. On Wednesday, Bessent Stepped In

On Monday, US Bonds Saw a Sell-Off. On Wednesday, Bessent Stepped In

Bessent (PERSON) US (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

President Donald Trump said the U.S. will launch what he called the "most crushing economic operation ever taken against any country" against Iran, threatening severe financial penalties on any nation that helps Tehran evade sanctions. In a Truth Social post, Trump said Iran's navy, air force, and military production facilities have been destroyed and its currency rendered worthless, arguing the regime is "hanging by a thread." He said any country whose financial institutions, businesses,...

CNBC 24m ago

Central Queensland advances bid for major defence hub

Central Queensland bids for defence investment as it hosts major army training operation In short: Central Queensland politicians are preparing to take a business case to Canberra to lobby for more investment in defence infrastructure. It comes as the region hosts the army's largest collective training organisation with thousands of defence force personnel coming to the Shoalwater Bay Training Area. Meetings with the federal government are slated for September, with the process expected to...

ABC Australia 25m ago

Miner Fortescue’s Profit Falls as China Challenges Persist

Fortescue Ltd.’s full-year profit fell despite buoyant iron ore prices as China’s property slowdown and negotiations with the country’s state-backed buyer persisted.

Bloomberg Markets 30m ago

I quit my £80,000 job to make ice cream - here's how

The co-founder of Little Moons shares her advice for anyone thinking about starting a business of their own.

BBC Business 42m ago