The U.S. government is becoming increasingly dependent on investors who are willing to purchase Treasury securities only when the price is right, according to Bloomberg. Why it matters: Private investors now hold roughly 70% of federal debt, near the highest ...
The days of lower interest rates may be further away than many Americans had hoped, according to the latest survey of economists conducted by The Wall Street Journal. Why it matters: Roughly three-quarters of economists surveyed expect the 10-year Treasury ...
The federal government ended fiscal year 2026 with a budget deficit of $1.992 trillion, an increase of $217 billion from the previous year and the largest annual shortfall since 2021, according to the latest Monthly Treasury Statement. Why it matters: ...
The Treasury market got some much-needed good news Wednesday as a closely watched $39 billion 10-year note auction produced exceptionally strong demand. The auction cleared at a high yield of 5.300%, according to the Treasury’s official results. Bid-To-Cover: Demand was ...
Ray Dalio is warning that the Treasury market could face another major challenge: fewer foreign buyers for the enormous amount of debt the U.S. government needs to sell. Why it matters: Treasury yields are ultimately determined by supply and demand. ...
The Treasury market may be moving toward another inverted yield curve. While long-term yields have risen sharply, short-term yields have climbed even faster, dramatically narrowing the spread between the 2-year and 10-year Treasury. Why it matters: The 2-year/10-year spread was ...
The 10-year Treasury yield crossed 5% Monday morning for the first time since 2023, marking another milestone in a brutal three-week sell-off in the bond market. Why it matters: The 10-year yield has jumped roughly 35 basis points over the ...
Treasury Secretary Scott Bessent is sending an unusually direct message to financial markets as the Treasury prepares to reveal just how aggressive it is willing to get with its expanded bond-buying program: don’t bet against him. Why it matters: Speaking ...
Treasury Secretary Scott Bessent says last month’s surprise expansion of the government’s bond buyback program was designed to cool what he described as a “fever” developing in the Treasury market not permanently manipulate interest rates. Why it matters: The comments ...
Bond yields have surged around the world in recent weeks, but some economists and Federal Reserve officials argue the move may have less to do with a broken bond market and more to do with stronger economic growth and a ...