U.S. 3-year notes sold at lowest yields in 16 months

NEW YORK, May 7 (Reuters) – The U.S. Treasury Department on Tuesday sold $38 billion of three-year government notes at a yield of 2.248%, the lowest yield for this debt maturity at an auction since January 2018, Treasury data showed. The ratio of bids to the amount of three-year notes offered was 2.48, the weakest reading since January. This measure […]

Read more

Treasury signs off on budget fantasy forecasts

While we were preparing for the Easter-Anzac super long weekend, the secretary to the Treasury and the secretary of the Finance Department released the PEFO – pre-election economic and fiscal outlook – their official, once-every-three-years licence to tell us anything the government hasn’t told us but should have. And what was that? Not a sausage. They made trivial updates to […]

Read more

UPDATE 1-Foreigners buy most U.S. Treasuries since August -data

* Foreigners buy agencies, corporate bonds in February * Overseas accounts continue to shun U.S. equities * China, Japan raise U.S. Treasuries holdings further (Adds background, quote, graphic) By Richard Leong NEW YORK, April 15 (Reuters) – Foreigners purchased the most U.S. Treasury securities in six months in February, suggesting some overseas appetite for low-risk government debt due to worries […]

Read more

Stocks up as Treasury yields rise, European shares climb

Apple stock: Should investors be cautious? Kaltbaum Capital Management President Gary Kaltbaum and Fox News contributor Liz Peek give their outlook on Apple, after the tech company announced its new streaming service and credit card. U.S. stocks rose modestly higher Thursday as European equities climbed and Treasury yields rose from their months-long low. Continue Reading Below Reports that the U.S. and […]

Read more

Treasury Department announces new sanctions on Venezuela

Treasury Department announces new sanctions on Venezuela Former U.S. Ambassador to Venezuela Otto Reich with the latest on the unrest in Venezuela. The U.S. Treasury Department on Monday sanctioned three governors of four Venezuelan states who are aligned with embattled President Nicolás Maduro. Those states are active in blocking humanitarian aid into the country. Continue Reading Below “The United States […]

Read more

Treasury to hold steady borrowing plans as annual bond sales to top $1 trillion for second year

The Treasury Department on Wednesday is expected to hold steady the size of the quarterly announcement of note and bond sales, analysts said. The department is expected to announce a quarterly refunding of $84 billion Wednesday, economists said. The package will include $38 billion in 3-year notes, $27 billion in 10-year notes and $19 billion in 30-year bonds. Those projections […]

Read more
1 2 3 4