US Treasury Chief Bessent to Skip Bangkok Meetings
US Treasury Secretary Scott Bessent will miss next week's IMF and World Bank meetings in Bangkok due to domestic engagements. Deputy Treasury Secretary Francis Brooke will lead the US delegation instead. The absence comes as Treasury yields surge to near 25-year highs.
United States Treasury Secretary Scott Bessent will skip the annual meetings of the IMF and World Bank in Thailand next week due to domestic engagements. The absence comes as benchmark Treasury yields surge to their highest levels in nearly 25 years. Global investors will miss the Treasury chief's direct engagement on sovereign debt and structural imbalances.
