Treasury

The Great Anchoring: How the 10-Year Treasury Yield’s ‘New Stability’ is Redrawing the Market Map for 2026

As of February 11, 2026, a sense of "hard-won equilibrium" has finally settled over the U.S. Treasury market. After years of post-pandemic turbulence, the benchmark 10-year Treasury note yield has found a steady home in a tight corridor between 4.14% and 4.26%. This newfound stability—

Scott Bessent

The Bessent Pivot: US Dollar Surges as Treasury Rules Out Yen Intervention

WASHINGTON D.C. — The global currency markets have been sent into a whirlwind this week as the U.S. Dollar staged a powerful recovery against the Japanese Yen. The surge followed definitive comments from U.S. Treasury Secretary Scott Bessent, who effectively shut the door on rumors of a coordinated