Treasury yields dip as traders eye U.S. producer prices data
[ad_1] Bond yields fell on Tuesday ahead of U.S. producer prices data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.348% slipped 3 basis points to 4.361%. Yields move…
Treasury yields nudge lower ahead of crucial inflation report
[ad_1] Bond yields mostly fell on Thursday, though trading was muted as traders waited for much-anticipated inflation data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.613% slipped 3.3…
One-month bill rate leads Treasury yields higher as Fed decision looms
[ad_1] Treasury yields rose on Monday, led by a jump in the rate on the one-month bill, as traders prepared for the Federal Reserve’s rate-setting decision in two days. What’s…
U.K. government may miss date for announcing new fiscal plan.
[ad_1] The U.K. government may miss its own deadline for publishing its much-anticipated statement on how it intends to reduce its fiscal deficit. Speaking to Sky News on Wednesday, U.K.…
The IRS is stretching out penalty relief for Hurricane Ian victims who still need to file overdue 2019, 2020 tax returns
[ad_1] Hurricane Ian victims in Florida, North Carolina and South Carolina are still trying to get their bearings after last month’s epic wind, water and flooding caused billions of dollars…
U.S. budget deficit halved in fiscal 2022 as receipts surge, COVID spending fades
[ad_1] The numbers: The U.S. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall. Key…
Treasury yields above 4% after U.K. inflation moves back into double digits
[ad_1] Bond yields rose on Wednesday after stubbornly high U.K. inflation data reminded investors that central banks remained on course to raise borrowing costs further. What’s happening The yield on…
How high will rates go? This chart shows expectations for central bank policy rates.
[ad_1] The inflation fight by central banks isn’t even close to over yet, according to Jumana Saleheen, Vanguard’s European chief economist. That means markets likely remain vulnerable to additional shocks,…
Larry Summers says U.K. debt market stress could be the ‘tremor’ signaling global economic ‘earthquake’
[ad_1] Former Treasury Secretary Larry Summers was one of the first prominent economists to warn that federal policymakers were underestimating the threat of persistent inflation, and today he is worried…
The IRS wants you to get your stimulus check and child tax credit cash if you haven’t claimed it — here’s what to look for
[ad_1] The Internal Revenue Service is mailing letters to households that could potentially get money from boosted child tax credit payments and the third stimulus check — if only they…
U.K. bond yields continue to drop as Kwarteng flies back early from IMF meeting
[ad_1] U.K. bond yields continued to drop on Friday, as Chancellor of the Exchequer Kwasi Kwarteng flew back early from the International Monetary Fund meeting amid expectations the U.K. government…
Treasury yields steady as key jobs report awaits
[ad_1] Treasury yields were steady Friday ahead of key data on the state of the U.S. jobs market. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.278% was steady…
Pound climbs, U.K bond yields fall again on expectations U.K.’s Kwarteng will speed up debt-cutting plans
[ad_1] The British pound rose and gilt yields fell a second day after reports that U.K. Chancellor Kwasi Kwarteng will publish debt-reducing plans early, a day after a U-turn over…
Former Bank of England chief says new government has undercut other institutions
[ad_1] Former Bank of England Gov. Mark Carney said the U.K. government was undercutting other institutions. In an interview with the BBC, Carney said the tax cuts unveiled by Chancellor…
IMF scolds U.K. on fiscal plan that has upset financial markets
[ad_1] The International Monetary Fund on Tuesday afternoon weighed in on the massive tax-cut package and other measures at the heart of a U.K. government fiscal plan that sank the…
Chicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year
[ad_1] Chicago Fed President Charles Evans on Tuesday gave a spirited defense of the dot plot as he said rates may need to plateau next year. Speaking at the Official…
2-year Treasury yields briefly tops 4% as Fed decision awaits
[ad_1] The yield on the 2-year Treasury briefly surpassed 4% on Tuesday as the Federal Reserve readies another big interest-rate hike. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y,…