Treasury

Renowned investor Cathie Wood speculated about the U.S. government’s role in the record movement of inactive Bitcoin (CRYPTO: BTC) on Saturday. What Happened: Wood, the CEO of ARK Invest, was responding to an X post by Ark analyst David Puell, who highlighted the highest...

After Sen. Ted Cruz (R-Texas) pushed for abolishing the interest paid by banks on their deposits with the Federal Reserve, senior economist Jeremy Siegel supported his arguments, whereas the JPMorgan Chase & Co. strategists opposed the idea, warning of serious implications. What Happened: Cruz...

Economist Craig Shapiro shared his insights on the unfolding U.S.-China trade dynamics, warning that while a tariff truce may calm immediate market fears, it could have unintended consequences for the broader economy. What Happened: Shapiro, a macro strategist at Bear Traps Report, suggested that...

This ace institutional investor — a former head of research at Nomura and Bridgewater Associates and served as a managing director at Goldman Sachs — says he has “never before observed” the trio of falling equities, rising long-term Treasury yields, and declining short-term yields. What...

The U.S. Dollar Index Spot slipped below 98 points for the first time in over three years on Monday, while the 10-year Treasury yields were steady around 4.35%. Experts describe this divergence as the measure of stress in markets." What Happened: The U.S. Dollar Index slipped 1.20% to 98.211 during...

Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What Happened: Bessent, while speaking to Yahoo Finance, reiterated that there was no purpose for China to...

Investor Gary Black, the managing partner at the Future Fund LLC, has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to curtail spending ahead of the upcoming earnings season. What Happened: Black’s comments, made in response to...

Days after warning of a potential “market dysfunction” in the U.S. Treasury market, economist Craig Shapiro has signaled a significant shift, suggesting the “Fed put” might be nearing activation. What Happened: In a recent X post, Shapiro pointed to the rapid escalation of...

Cathie Wood, the founder of asset management firm Ark Invest, rallied around Elon Musk's idea of putting all U.S. government spending on blockchains for better transparency on Sunday. What happened: Wood wrote, "Transparency, Efficiency, Security: Win, Win, Win," while reacting to the radical plan...

The Department of Government Efficiency staff member, Marko Elez, resigned following revelations of his involvement with a racist social media account. This news comes in the wake of a legal dispute involving Elez’s access to sensitive Treasury Department data. What Happened: Elez, a former...

Representatives of Elon Musk‘s Department of Government Efficiency have reportedly requested access to the payment systems of the U.S. Department of the Treasury, sparking concerns among officials. What Happened: The Washington Post reported on Friday that Musk’s team is seeking access...

In what could be interpreted as another optimistic signal for cryptocurrencies, Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, argued against the concept of a central bank digital currency in the U.S. on Thursday. What Happened: Bessent was taking...

The allure of 5% yields is driving investor inflows into long-dated Treasury ETFs, even as persistent bond market losses and rising macro uncertainties complicate the interest-rate outlook. Last week, iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw a staggering $1.5 billion in inflows, as etfdb...

Investors dumped a popular long-dated Treasury ETF at a record pace in December, fleeing the bond market as surging yields and fiscal uncertainty cast a shadow ahead of President-elect Donald Trump's return to the White House. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), the largest...

Economist Peter Schiff has criticized President-elect Donald Trump‘s decision to pick hedge fund executive Scott Bessent as the new U.S. Treasury Secretary. What Happened: According to his post on X (formerly Twitter), Schiff took a jibe at Trump and quipped that Bessent should be called the...