Brent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns. Rising crude prices intensified inflation fears, lifted bond yields and heightened risks to global energy markets.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and