Treasury
Andrew Kelly/Reuters US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict. The risk-off nature of Monday’s market action sent the 10-Year Treasury yield to its highest level of 2024. March retail sales data surged 0.7%, more than double consensus estimates of 0.3%. US stocks reversed their Monday morning gains […]
3 Hours Ago CEO of Shilla Hotels reportedly sells $326 million worth of Samsung shares to cover inheritance tax Lee Boo Jin, the CEO of South Korean hotel group Shilla Hotels, has sold about 5.2 million shares of electronics giant Samsung Electronics in a $326 million block sale, with the shares priced at 84,100 won […]
By Lewis Krauskopf NEW YORK (Reuters) – Rising Treasury yields could provide the latest test for a rally that has made U.S. stocks increasingly expensive while taking them to fresh record highs. Expectations that the Federal Reserve will cut interest rates this year helped the S&P 500 notch a 10% gain in the first quarter, […]
The 10-year U.S. Treasury yield was flat early on Monday following the long Easter weekend, while the 2-year yield was marginally lower. The benchmark rate was trading around 4.2004% at 4:25 a.m. ET. The yield on the 2-year Treasury note was 2 basis points lower at 4.5972%. Yields and prices move in opposite directions and […]
Former Treasury Secretary Steven Mnuchin. Patrick Semansky—AP Images Former U.S. Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake. TikTok, which has
As the election cycle deepens and Americans tighten their pockets due to financial strain, U.S. Deputy Secretary of the Treasury Wally Adeyemo will travel to Atlanta on Thursday to shed light on Joe Biden’s economic investments in Black communities. Adeyemo spoke with Atlanta Black Star on Tuesday ahead of his trip to the metropolitan area, […]
U.S. Treasury yields were lower on Tuesday as investors awaited fresh economic data and as the Federal Reserve’s latest monetary policy meeting is set to begin. At 4:21 a.m. ET, the yield on the 10-year Treasury was down by over three basis points to 4.0586%. the 2-year Treasury yield was last less than one basis […]
WASHINGTON — Today, the U.S. Department of the Treasury announced the launch of a Counter-Fentanyl Strike Force to marshal Treasury’s resources and expertise in a coordinated and streamlined operation to combat the trafficking of illicit fentanyl. This Strike Force brings together personnel, expertise, intelligence, and resources across key Treasury offices and is jointly led by the […]
Australia, Japan, the Republic of Korea, and the United States Sanction DPRK for its November 21 Satellite Launch WASHINGTON — Today, in coordination with foreign partners, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight foreign-based Democratic People’s Republic of Korea’s (DPRK) agents that facilitate sanctions evasion, including revenue generation and missile-related […]
People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights BENGALURU, Nov 28 (Reuters) – Indian . . .