Treasury data shows the national debt jumped $1 trillion in 82 days as persistent budget deficits continue. The Government Accountability Office warns higher debt translates to increased interest ...
Geng Ngarmboonanant, managing director at JPMorgan Chase & Co., and former deputy chief of staff to former Treasury Secretary ...
Ngarmboonanant attributed “unusual turbulence” during recent shocks in the Treasury market, which has historically been a ...
WASHINGTON (Reuters) - The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet ...
Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...
(Bloomberg) -- Bond industry leaders see a bleak US fiscal outlook that will keep debt growing and sustain elevated long-dated Treasury yields. Speaking during a panel discussion at the ISDA/Sifma ...
WASHINGTON — The Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt the dollar's reserve ...
After nearly 10 months of issuing mostly short-term debt, the Treasury finally issued Notes in 2 of the last 3 months. In the first six months of 2024, the Treasury has added over $870B in new debt.
A newly released 2021 Justice Department legal opinion holds that the Treasury Department has wiggle room to maintain higher cash balances ahead of the statutory debt limit’s reinstatement, a ...
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of reductions as the government preserves its borrowing authority under the statutory ...
Since President Donald Trump's 'Liberation Day' tariffs pushed the U.S. bond market into revolt in April, his administration ...