See why the Fed's January FOMC minutes caused market misinterpretations and a rally in Treasury notes, despite QT plans ...
After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to Scott Bessent to make the call on sales of Treasuries, with bond dealer ...
The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are different than when ...
(Bloomberg) — After repeatedly blasting Janet Yellen last year over her department’s strategy ... the world’s biggest bond market under the constraints of the federal debt limit, which kicked back in ...
It’s unclear how the spending cuts will be achieved as the plan does not include specifics and could be modified by the Senate.
Former Treasury Secretary Janet Yellen said repeatedly — during debt-limit standoffs — that even prioritizing some payments ahead of others amounted to “default by another name.” ...
DOGE, spearheaded by billionaire Donald Trump donor Elon Musk, has rapidly burrowed deep into federal agencies and taken drastic actions to cut spending. This includes trying to get rid of thousands ...
The US gold reserves in Fort Knox are a legacy of the time the US government confiscated private gold and reneged on its ...
The funds, which generate returns through investments, are also often used by the Treasury Department when the nation has hit its debt ceiling and can no longer ... former Biden administration ...
Because Xi Jinping is determined to take the country in an unsustainable direction, China is entering, as some call it, a "doom loop." ...
That announcement came despite new Treasury Secretary Scott Bessent previously criticizing his predecessor, Janet Yellen, for issuing unusually large amounts of shorter-term debt. In economic news ...