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Reuters

Reuters

Morning bid: Treasuries rally on Bessent pick, dollar retreats

Reuters
Summary
Nutrition label

79% Informative

U.S. Treasury yields slip back on Monday after Scott Bessent gets the nod to be the next Treasury Secretary.

The drop in yields, along with hopes for a more tempered approach to tariff hikes from the administration at large, saw the dollar retreat.

European and Japanese stocks advanced while Chinese mainland and Hong Kong benchmarks fell again on Monday .

Pressure on the European Central Bank to keep easing monetary policy is building.

VR Score

90

Informative language

97

Neutral language

43

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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