đš *BREAKING: US Treasury Secretary Appoints David Zervos as Counselor Amid Bond Market Turmoil*
U.S. Treasury Secretary Scott Bessent has appointed Wall Street veteran *David Zervos* (Jefferies Chief Market Strategist) as Counselor to the Secretary.
*MARKETS ALERT:* 10-Year Treasury yield surges to *5.2% â Highest Since 2007*
Why?
đ Iran war + oil spike
đ€ AI infrastructure capital demand
đŠ Fed rate hike â first since 2023
đ” Higher borrowing costs for govt, mortgages & corporates
BreakingNews #USTreasury #ScottBessent #DavidZervos #BondYields
U.S. Treasury Secretary Scott Bessent has appointed Wall Street veteran *David Zervos* (Jefferies Chief Market Strategist) as Counselor to the Secretary.
*MARKETS ALERT:* 10-Year Treasury yield surges to *5.2% â Highest Since 2007*
Why?
đ Iran war + oil spike
đ€ AI infrastructure capital demand
đŠ Fed rate hike â first since 2023
đ” Higher borrowing costs for govt, mortgages & corporates
BreakingNews #USTreasury #ScottBessent #DavidZervos #BondYields