As President Donald Trump’s new tariffs shook global markets and sent foreign leaders scrambling this weekend, Treasury Secretary Scott Bessent flew to Mar-a-Lago with a message.

The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the president announced a 90-day pause on most of those tariffs.

Hedge funds typically profit handsomely from the $1 trillion ‘basis trade,’ but the Federal Reserve could be forced to step in as yields surge.