New Jersey couple charged with stealing U-Haul, fake IDs, Treasury checks and gun
RARITAN TOWNSHIP, N.J. — A stolen U-Haul van led police to uncover a far-reaching identity theft and fraud scheme involving a local couple now facing a slew of charges including forgery, firearm…
Fresno Resident Sentenced to Prison for Counterfeit Treasury Check Conspiracy and Identity Theft
FRESNO, Calif. — Jeffrey Michalk, 44, of Fresno, was sentenced today to three years and nine months in prison for conspiracy, theft of public money, and aggravated identity theft, U.S. Attorney Phillip A.…
Issues over TikTok still unresolved, US Treasury Secretary Yellen says
WASHINGTON (Reuters) – The United States has concerns about issues over privacy and social media, and the matter involving TikTok is not yet resolved, U.S. Treasury Secretary Janet Yellen told CNBC in…
Marketmind: Treasury yields dive as oil craters, economy softens
A look at the day ahead in U.S. and global markets from Mike Dolan A cratering of oil prices and more signs of a cooling economy have seen Treasury yields plumb their…
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will fall in coming months, though not as sharply as forecast previously, according to bond strategists polled by Reuters, who said for a…
Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
By David Shepardson WASHINGTON (Reuters) – Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the “strictest possible standards” to prevent Chinese-produced minerals or Chinese battery companies from winning…
Yellen: no impact on US Treasury market from ICBC hack
By Ann Saphir and David Lawder SAN FRANCISCO (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said the ransomware attack on the Industrial and Commercial Bank of China that disrupted China’s…
Investors wary of lingering Treasury volatility as US stocks rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said. Stocks and bonds…
Europe should brace for U.S. Treasury clearing rules, says industry body
By Huw Jones LONDON (Reuters) – Europe has nowhere to hide from U.S. plans to mandate clearing of U.S. Treasuries transactions that will need to be carefully introduced over time, a global…
US Treasury increases size of most of its debt auctions
(Reuters) -The U.S. Treasury Department on Wednesday said it plans to “gradually” increase the size of most of its debt auctions in the November 2023 to January 2024 quarter and expects it…
Exclusive-Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support
By Jarrett Renshaw (Reuters) -One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid – with increasing interest from the Biden administration – to rescue trucking…
US Treasury seen boosting auction sizes as budget deficit worsens
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing…
Analysis-Soaring Treasury yields threaten long-term performance of US stocks
By Lewis Krauskopf NEW YORK (Reuters) – Soaring U.S. Treasury yields are further boosting the appeal of bonds over stocks, deepening an already painful equity selloff while threatening to weigh on equity…
Some big Wall Street investors call top in Treasury yields after 5% hit
By David Randall NEW YORK (Reuters) – Several of Wall Street’s biggest names are calling a top on longer-dated Treasury yields, after yields on the benchmark 10-year note briefly rose above 5%…
U.S. Treasury sees ‘potential improvement’ in sovereign debt cases
By Andrea Shalal WASHINGTON (Reuters) – A senior U.S. Treasury official on Monday said there were signs of “potential improvement” in sovereign debt restructuring cases and more vulnerable countries were expected to…
Ten-year U.S. Treasury yield hits 5%
LONDON (Reuters) – The yield on the benchmark 10-year U.S. Treasury note rose above 5.0% on Monday, hitting the July 2007 milestone that it briefly attempted to scale last week. The run-up…
U.S. 10-year Treasury yields hits 5% for first time since 2007
LONDON (Reuters) – The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs. Further signs…
Treasury selloff will end in Q4 as oil prices spike -Goldman Sachs
By David Randall NEW YORK (Reuters) – A slowdown in the U.S. economy over the remainder of the year due to higher oil prices and the resumption of student loan payments will…
U.S. Treasury bond ETFs draw net inflows this year despite recent market rout
By Suzanne McGee (Reuters) – Investors have poured money into exchange traded funds (ETFs) focused on the US bond market this year, despite a historic sell-off in global bonds and uncertainty over…
Long US Treasury yields may rise further despite near-term swings, BlackRock says
By Davide Barbuscia NEW YORK (Reuters) – Long-term U.S. Treasury yields may still have room to rise but they could swing in both directions in the near term as inflation eases and…
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future…
Analysis-Fed pivot hopes whipsaw Treasury market as investors hunt for rate peak
By Davide Barbuscia NEW YORK (Reuters) – Shifting views on the Federal Reserve’s monetary policy trajectory are roiling the U.S. Treasury market, as investors gauge how close the central bank is to…
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
By Howard Schneider WASHINGTON (Reuters) – Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who thought they…
US Treasury futures rise on flight to quality, cautious Fed speak
By Davide Barbuscia NEW YORK (Reuters) – U.S. Treasury futures rose on Monday on expectations that investors will buy bonds as a safe haven during the conflict in the Middle East and…
Top Treasury lawyer sees Brazil beating revenue outlook for tax disputes
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Nearly 40% of the extra revenue that Brazil’s government needs to erase its budget deficit next year hinges on one strategy: the Brazilian…
US Treasury pushing development banks for progress on next phase of reforms by April
By Andrea Shalal MARRAKECH, Morocco (Reuters) – The U.S. Treasury Department is pushing the World Bank and regional multilateral development banks to complete work on new rules for leveraging shareholder capital commitments…
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