Global bonds edged higher on Wednesday, but they were still on track for their worst month in years. The main pressure is coming from weak government finances, a large supply of new debt and rising inflation. US Treasury yields rise as global bonds face pressure from inflation, debt and high oil prices. (Bloomberg file photo … Read more
US debt has reached $40 trillion, while Treasury yields are rising sharply, adding to concerns about the country’s debt outlook. Higher yields mean the US government has to pay more interest when it borrows money, putting additional pressure on the federal budget. US debt hits $40 trillion as Treasury yields rise and interest costs grow. … Read more
A proposed $103,265 H-1B visa fee could end up costing the US Treasury billions of dollars over the next decade if the steep increase prompts employers to reduce applications, according to a new analysis by the Computer & Communications Industry Association (CCIA) Research Center. H-1B visa fee could cost US Treasury $38 billion. (Representational photo) … Read more
Yields on long-term US government bonds have risen to their highest levels in years. The rise is part of a wider selloff in Treasury bonds as investors worry about inflation, oil prices and heavy US government borrowing. Bloomberg reported that yields across several Treasury maturities are now around their highest levels since 2007. US Treasury … Read more
The yield on the US 10-year Treasury note climbed to 5.02% on Tuesday, rising as much as 4 basis points. This is the highest level since 2007, meaning the yield has reached a level not seen in almost two decades. US 10-year Treasury yield rises above 5% amid oil and inflation fears (AFP) The move … Read more
The US Treasury plans to buy back as much as $6 billion of government debt in its next operation. The bonds will have maturities of 10 to 20 years. This is three times larger than the previous maximum of $2 billion. Treasury Secretary Scott Bessent had earlier indicated a $4 billion minimum for the expanded … Read more
The US Treasury Department has barred several reporters from major news outlets from covering this week’s G20 finance meeting in Asheville, North Carolina, media organizations said over the weekend. US Treasury bars some reporters from G20 finance talks The United States holds the rotating G20 presidency this year, and the Treasury Department is managing access … Read more
Bitcoin jumped sharply after the US Treasury announced a major increase in its bond buyback operations. BTC rose about 6% after the announcement, while the broader crypto market also moved higher. The move came as investors saw the Treasury action as a fresh liquidity signal for financial markets. Bitcoin rises after the US Treasury doubles … Read more