Week of Whiplash in Treasuries Is Closing With Muddied Outlook | Bloomberg Businessweek

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After a turbulent stretch for the US bond market, traders are heading into the weekend with questions about what Treasury Secretary Scott Bessent’s next move will be. Treasuries slipped Friday, led by the short end, after data showed business activity grew at its fastest pace in more than four years, backing the case for interest-rate hikes. Bloomberg Intelligence's Ira Jersey and Alpine Saxon Woods' Sarah Hunt break down the weeks' moves, and the impact of Bessent's intervention.

On today's episode:

Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist & Sarah Hunt Alpine Saxon Woods Chief Market Strategist

Ava Benny-Morrison, Bloomberg News Senior Legal Reporter

Ilena Peng, Bloomberg News Agriculture Report & Vance Howard, Howard Capital Management CEO & Portfolio Manager

Lisa Jarvis, Bloomberg Opinion Columnist

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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

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