Treas Sec Bessent: Oil price are going to come down. US 10 year yield is where it was when Pres. Trump took office.

Treas Sec Bessent on CNBC:

Oil prices will come down.
Pres. has been saying Iran is not ready to make a deal.
Operation outcast will make Iran make a deal
The bond market is most resilient in the world
Had a robust meeting with PBOC chief last night
If there were a problem with the US bonds, people would be selling our bonds and buying others. We are the best performing bond market.
Regarding US bond market don't believe I can change equilibrium price.
The 10 year yield is at levels when the Pres. took office.
Meeting with Canadian counterpart. We are not in war with Canada.
Canada was offered the best trade deal than any country in the world.
Carney is not doing what's best for Canadian people
Does not want to speculate on what Fed chair will do.

This article was written by Greg Michalowski at investinglive.com.

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