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Steven Mnuchin

Coverage of Steven Mnuchin in the Nexus archive.

Earliest in view: May 5 · 22:48 UTCMost recent: May 5 · 22:48 UTC

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BUSINESSMay 5 · 22:48 UTCMARKETWATCH
Betting on long Treasury bonds when yields near 5% has been a slam-dunk trade over the past few years. Is this time different?
Betting on long Treasury bonds has been a successful trade in recent years, but former Treasury Secretary Steven Mnuchin warns of potential debt financing issues. The US may struggle to finance its debt, with no clear backup plan. Mnuchin notes the lack of a 'break-the-glass' solution.