US Treasury

U.S. Treasury Secretary, Janet Yellen, is gearing up to discuss the potential hazards the cryptocurrency industry could inflict on the financial system with Congress. What Happened: Yellen’s forthcoming testimony to the House Financial Services Committee will underline the risks tied to...

The U.S. Treasury Department has projected that the banking industry may have to allocate hundreds of millions of dollars in the initial year to establish protocols for accessing the new corporate ownership database. What Happened: As the Wall Street Journal reported, the Financial Crimes...

Wall Street’s leading financial institutions, Morgan Stanley and JPMorgan Chase & Co, have suggested that now is the time to invest in U.S. Treasury notes, following a recent slump. What Happened: Morgan Stanley and JPMorgan are advising investors to consider purchasing five-year U.S....

Fed’s Income Shortfall Puts Pressure On Treasury As Interest Expenses Soar To $1 Trillion1 Instead of dishing out excess earnings to the U.S. Treasury, the Federal Reserve is now projected to operate as a loss-making entity for the foreseeable future. The St. Louis Federal Reserve dropped...

Renowned investor Stanley Druckenmiller has strongly criticized Treasury Secretary Janet Yellen for what he calls the “worst mistake in the history of the Treasury,” leading the U.S. towards a potential debt crisis. Druckenmiller, a billionaire investor and head of the...

The U.S. Treasury released its quarterly refunding statement Wednesday, letting anxious bond holders catch some breath. The “Treasury currently expects privately-held net marketable borrowing of $776bln in Q1 FY 2024… lower than what was cited at the August refunding, primarily due to...

The U.S. Treasury Department is stepping up its scrutiny of crypto firms that may be enabling terrorist financing. This follows the revelation that digital currencies, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), may have been used to fund Hamas’s recent attack on Israel. U.S....

The Financial Crimes Enforcement Network (FinCEN), a unit of the U.S. Treasury Department, has proposed a new rule aimed at increasing transparency around cryptocurrency “mixers,” calling them a “national security risk.” This move is part of an effort to...

The U.S. Department of the Treasury imposed sanctions on multiple individuals and organizations, including a Gaza-based exchange, for allegedly supporting Hamas terrorist operations. According to a report by CoinDesk, the sanctions hit Buy Cash Money and Money Transfer...

August’s unpredictable market swings have led investors to seek solace in cash-equivalent ETFs, marking the most significant influx in recent months. Billions Flow into Ultra-Short Bond ETFs Investors have funneled a whopping $7 billion into ultra-short bond ETFs in August, as per Bloomberg...

Billionaire investor Bill Ackman’s wager against US Treasuries is being criticized by well-known economist David Rosenberg. Rosenberg, the founder of Rosenberg Research, contradicted Ackman’s views on persistent high inflation. He suggested that declining US rents could lead to a...

To gain an edge, this is what you need to know today. Long Yields Rise Please click here for a chart of iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). Note the following: The chart shows that long bonds are falling because yields on long bonds are rising. Bonds trade inverse...

Billionaire hedge fund manager Bill Ackman is making a bold move! He's shorting 30-year Treasury bills using options, and he predicts yields could skyrocket to 5.5% 'soon'. His strategy is a hedge against the impact of long-term rates on stocks in “a world with persistent 3%...

The U.S. Treasury’s interest expenditures are approaching a whopping $1 trillion, equating to a hefty 4% of the nation’s economy and even surpassing Tesla‘s entire market valuation. These findings are based on the most recent Bureau of Economic Analysis data, which shed light on...

The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26.  The April PCE inflation report comes at a time when investors are increasingly wondering if the Fed will hike interest rates again in July, after...