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US Treasury Secretary Bessent discusses rising yields, fuel prices, and AI risks amid Trump admin challenges.

Market News
21 Sep 2026
CNBC
View Source
Bearish
US Treasury Secretary Bessent discusses rising yields, fuel prices, and AI risks amid Trump admin challenges.

US Treasury Secretary Scott Bessent is set to discuss key economic concerns including rising 10-year Treasury yields, increasing fuel prices linked to the Iran conflict, and risks from artificial intelligence in an upcoming CNBC interview. The Treasury recently conducted a $5 billion buyback of 10- and 20-year notes to counter rising yields, which have climbed above 5% for the first time since 2007, impacting long-term borrowing costs like mortgages. Bessent also met with Chinese officials ahead of a summit between Presidents Trump and Xi, signaling openness to cooperation on AI risks. These developments come amid political pressures on the Trump administration as inflation and fuel costs worry consumers and lawmakers ahead of the midterm elections.

US Treasury Secretary Scott Bessent's discussion on economic concerns is presented alongside Pluang's market snapshot as of Sep 21, 2026 17:21 WIB: out of 150 priced US stocks, 113 rose and 31 fell. Among notable movers, AMD rose 2.94% to USD 576.30 with a typical hold time of 92 days, contrasting with Marvell Technology's 2.66% gain to USD 250.75 and a shorter hold time of 40 days, while Applied Materials increased 2.62% to USD 456.21 with a 66-day hold time.

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