The Treasury Department auctioned $31 billion in three-month bills at a discount rate of 0.340 percent, down from 0.350 percent last week. The three-month rate was the lowest since those bills averaged 0.275 percent on May 16. For a $10,000 bill, the three-month price was $9,991.41, while a six-month bill sold for $9,975.99. » Read More
Steven Rattner, former US Treasury Auto Advisor, discusses how automatic spending cuts will impact the economy.
Art Cashin of UBS discusses the positive and negative factors affecting stocks. (4:49)
Jack Lew is the 76th United States Secretary of the Treasury. CNBC's Eamon Javers reports Lew was sworn in today.
CNBC's Rick Santelli provides the read on unemployment and fourth quarter GDP numbers. And, CNBC's Steve Liesman and Drew Matus, UBS economist, discuss what it signals about the economic recovery and markets.
Rep. Scott Garrett, (R-NJ) questions Fed Chairman Bernanke about getting "true price discovery", in light of the Fed's current monetary policy. And, Rep. Gregory Meeks, (D-NY) questions Bernanke about the nation's jobless rate. CNBC's Steve Liesman explains how the Fed Chairman's answers are impacting the markets.
David Riley, Fitch Ratings, explains how the implementation of automatic spending cuts may threaten the nation's AAA credit status.
CNBC's Rick Santelli explains why the House hearing with Ben Bernanke does not allow the venue enough time to get complete answers on Fed policies.
Mark Okada, Highland Capital, explains how a reduction in the Fed's bond-buying program could produce a flight to junk bonds among investors.
Dino Kos, CLS Bank International, discusses the Fed's stimulus program, and its impact on the markets, with Bob Doll, Nuveen Investment Management.
CNBC's Steve Liesman recaps Ben Bernanke's Senate testimony on Tuesday, where the Fed chairman reiterated the committee's commitment to its current stimulus policy.
Stuart Hoffman, PNC Financial Services; Bob Doll, Nuveen Asset Management; and Alec Young, S&P Capital IQ, talk about the economic headwinds facing the market, and weigh in on worries about the looming sequester.
A check on what is likely to impact market action today, with CNBC's Rick Santelli; Kevin Ferry, Cronus Futures Management; and Jason Trennert, Strategas Research Partners.
CNBC's Steve Liesman, provides a preview of Fed Chairman Bernanke's Congressional testimony today. And, Jeffrey Kleintop, LPL Financial; and Jason Trennert, Strategas Research Partner, discuss how to play the market amid political uncertainty in Italy and a major pullback in U.S. stocks.
Cliff Corso, CEO & CIO of Cutwater Asset Management, provides perspective on the state of the U.S. economy, and discusses where he found value in the "bums of bonds," those sectors of the market that have been unduly beaten up.