Government Agencies Treasury Department


  • UPDATE 1-Investors snap up U.S. 10-year note supply Wednesday, 13 Jan 2016 | 1:48 PM ET

    NEW YORK, Jan 13- The U.S. Treasury Department on Wednesday sold $21 billion in 10- year debt to strong investor demand at a yield of 2.090 percent, which was the lowest since October, Treasury data showed. "There really isn't anywhere else to go with cash at this point," Tom Simons, money market strategist at Jefferies& Co. wrote in a note on the auction.

  • US will track secret buyers of luxury real estate Wednesday, 13 Jan 2016 | 11:50 AM ET
    Time Warner Center

    The Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties. The NYT reports.

  • Is the Fed ignoring this market signal? Monday, 11 Jan 2016 | 12:17 PM ET
    Traders work in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange on Sept. 17, 2015.

    The economy appears to be growing, but the market is hinting at a different economic picture, says Ron Insana.

  • DALLAS, Jan 6- Texas tycoon Sam Wyly engaged in "lies, deception and fraud" in a years-long scheme to dodge taxes on $1.1 billion held in offshore trusts, a lawyer for the Internal Revenue Service said on Wednesday. The IRS made those claims at the start of a trial in federal bankruptcy court in Dallas in which the agency is seeking $3.22 billion in back taxes, penalties...

  • Ex-Fed official: Is the Fed stuck up a tree? Wednesday, 6 Jan 2016 | 7:00 AM ET
    Cat in a tree

    Now that it raised rates for the first time in nearly a decade, the Fed faces two new challenges going forward, says former Fed official James Kahn.

  • Jan 5- Texas tycoon Sam Wyly is set to face off against the Internal Revenue Service at trial on Wednesday over more than $2 billion the agency says he owes for using offshore trusts to engage in one of the largest tax frauds in U.S. history. In April, the IRS filed claims asking the Wylys for a total of $3.22 billion in back taxes, penalties and interest, $2.03 billion of...

  • It's time to kill the penny: Fmr US Mint director Wednesday, 30 Dec 2015 | 10:18 AM ET
    Recently struck pennies in a bin at the U.S. Mint in Philadelphia.

    The penny has outlived its usefulness and should be eliminated, former U.S. Mint director Philip Diehl said.

  • Why sloppy year-end trading has Santa sidelined Monday, 28 Dec 2015 | 6:33 PM ET
    Trader on the floor of the New York Stock Exchange.

    The much-awaited Santa rally has evaded the market since the surge in stock prices in the first half of last week.

  • TREASURIES-Bond prices flat ahead of two-year auction Monday, 28 Dec 2015 | 10:51 AM ET

    Treasuries were mostly flat on Monday during light trading, with the yield on two-year notes edging up to a more than five-and-a-half year high as traders balanced positions ahead of a $26 billion dollar auction of two year notes by the Treasury Department. The Treasury Department sell $90 billion of debt this week. "Five and seven year notes don't tend to do well...

  • The Fed raised rates. So what happens now? Thursday, 17 Dec 2015 | 10:33 AM ET
    Janet Yellen

    Global chief investment officer at UBS Mark Haefele offers his reaction to the Fed hike and what he expects to happen now.

  • Dec 16- Hotel operator Hilton Worldwide Holdings Inc plans to spin off its hotel properties into a REIT, a person familiar with the matter told Reuters on Wednesday. The spinoff will be tax free and the company has already received the blessing of the Internal Revenue Service, the person said. The transaction could involve a large chunk of the hotels Hilton owns,...

  • Fed was more 'hawkish' than you think: Insana Wednesday, 16 Dec 2015 | 2:56 PM ET

    The Fed's tone in raising rates seemed "dovish" at first but after a second look, it was kind of "hawkish," says Ron Insana. Here's why.

  • NEW YORK, Dec 15- Foreign investors sold a record amount of U.S. Treasury bonds and notes in the month of October, according to U.S. Treasury Department data released on Tuesday, with market participants pricing in a rate increase by the Federal Reserve this month. October's outflow was the largest since the U.S. Treasury Department started recording Treasury...

  • These are wildcards for the week ahead Friday, 11 Dec 2015 | 7:24 PM ET
    Upset NYSE Trader

    Oil prices have created an environment of uncertainty but turbulence should not impede the Fed from hiking rates for the first time in nine years.

  • U.S. budget deficit widens to $65 billion in November Thursday, 10 Dec 2015 | 2:00 PM ET

    WASHINGTON, Dec 10- The U.S. federal government ran $65 billion into the red in November, up 14 percent from the same period last year, the Treasury Department said on Thursday. Receipts last month totaled $205 billion, while outlays stood at $270 billion. Accounting for calendar differences in the timing of benefits payments and budget receipts would yield a...

  • US STOCKS-Futures higher ahead of raft of economic data Thursday, 10 Dec 2015 | 7:21 AM ET

    Dec 10- U.S. stock index futures were higher on Thursday as Wall Street looked to break a three-day losing streak ahead of a raft of economic data. Brent futures are down more than 6 percent this week and having dipped below $40 per barrel there are renewed expectations it might test 2008' s low. *The Treasury Department is likely to post a budget deficit of $68 billion...

  • Dec 9- The United States added North Korea's Strategic Rocket Force to its sanctions list for ties to weapons development and illicit finance activities, the Treasury Department said on Tuesday. The additional sanctions are designed to stop the North from evading existing U.S. and U.N. sanctions and prevent Pyongyang from accessing the U.S. financial system,...

  • Fed quiets ahead of hike; stocks may take breather Friday, 4 Dec 2015 | 6:31 PM ET
    Trader on the floor of the New York Stock Exchange.

    Markets are in full tilt, with big shifts in currencies, yields and commodities prices in the past week.

  • DIARY- Top Economic Events to Dec 16 Wednesday, 2 Dec 2015 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Cleveland President Loretta Mester gives welcome remarks before the "Financial Stability: Policy Analysis and Data Needs" conference sponsored by the Federal Reserve Bank of Cleveland and the Treasury Department Office of Financial Research- 1340 GMT. WASHINGTON- Federal Reserve Bank of Cleveland President Loretta...

  • Retirement reality: Boomers vs. millennials Wednesday, 2 Dec 2015 | 10:25 AM ET
    Senior couple retirement

    Many Boomers and millennials are planning to work well past typical retirement age, but look what happened to today's retirees.