"Operation Twist" has got the Treasury market in a knot. One of the goals of Operation Twist, which was implemented in October, was to push investors out of Treasurys and into riskier assets such as stocks. Under the policy, the Federal ...
WASHINGTON—The Treasury Department is weighing the sale of stakes it owns in hundreds of smaller banks, a senior Obama administration official said, potentially accelerating the government's exit from the financial-system rescue.
Economists need to get out more -- Ahead of the Tape Shelling out a $25 billion penalty is certainly painful. But bank-stock investors may be able to grin and bear -- Heard on the Street
NEW YORK (MarketWatch) — Treasury prices recovered late Wednesday, after being under pressure for most of the session, after the government’s sale of 10-year notes and some more indication that Greece would agree to stringent reforms in ...
The U.S. Treasury Department's proposed rule implementing the Foreign Account Tax Compliance Act, published Wednesday, yielded some concessions to critics but still requires new work by financial institutions.
NEW YORK—Thursday's events gave investors little reason to love Treasurys, lifting yields to their highest levels in weeks. Greece came through with a long-awaited economic reform deal. The U.S. said there are less workers filing for jobless ...
WASHINGTON—The Treasury on Thursday announced plans to sell $93 billion in bills and inflation-protected securities next week. Details of the offerings (all with minimum denominations of $100):
Officials from the Departments of Justice and Treasury appeared on Capitol Hill Wednesday to underscore transnational crime organizations' penetration of the U.S. financial system and to push for new legislation expanding the country's ...
Bill Gross, manager of the world's biggest bond fund, scooped up Treasury securities for a fourth straight month in January, turning overweight on the debt relative to the fund's benchmark bond index.
The Treasury Department said it plans to decide by May whether to start selling securities that would let investors pay for the privilege of lending money to the U.S. government.
WASHINGTON—The Treasury Department said it would issue $72 billion in securities next week in its regular quarterly auction. The auction will hold steady the amount of long-term debt issued by the Treasury at the last refunding. The Treasury ...
WASHINGTON—The Treasury Department and the governments of five European nations reached broad agreement Wednesday on a proposal to prevent U.S. taxpayers from dodging taxes through foreign accounts.
TOKYO—Japanese Finance Minister Jun Azumi perplexed the markets on Friday with comments that were interpreted by some as revealing rarely disclosed details about currency intervention.
WASHINGTON (MarketWatch) — The Treasury Department will sell $72 billion in notes and bonds next week in its quarterly refunding auctions, the government said Wednesday.