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Detailed close-up of Euro banknotes on a white surface, focusing on currency design.
NEWSSEP 21, 2026
Bessent Defends Dollar Dominance as 10-Year Treasury Yield Hits 5%
Treasury Secretary Scott Bessent argued that the U.S. economy remains resilient, pointing to the dollar’s central role in foreign exchange and stablecoins. His comments come as the 10-year Treasury yield reaches 5% and debate intensifies over buybacks, debt management and global payment rails.