US Treasuries

Whether the AI bubble bursts or the borrowing binge continues, India will need to strengthen its defences

Asian equities were mixed as investors weighed rising bond yields, West Asia tensions and prospects for US-China talks, while the dollar retained safe-haven support

The unresolved conflict has kept the Strait of Hormuz closed, sapping growth from nearly all G20 economies

The US government is spending far more than it collects in revenue, with rising interest costs, social security and Medicare outlays, defence spending and tax cuts widening the fiscal gap

The lender raised $500 million through five-year dollar bonds at 88 bps over US Treasuries and could return to the overseas market depending on its funding and liquidity needs

With the Iran war unleashing the biggest inflation surge since 2023, traders are pricing in that the Fed is virtually certain to start raising rates by December

Indian Rupee today: The domestic currency closed 37 paise lower at 86.01 on Thursday, marking its weakest level since April 11 this year

Bessent said Treasury's stronger involvement in crafting bank regulation would be achieved through the Financial Stability Oversight Council

Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with Congress to make it happen

Markets slashed bets on a 50-basis-point rate cut at the Federal Reserve's next policy announcement on Nov. 7 - which had been above 50 per cent a week ago

The deficit for the first 11 months of the 2024 fiscal year reached $1.897 trillion, a 24 per cent increase from a gap of $1.525 trillion in the year-ago period

The numbers tell the story. Last year, investors pocketed nearly $900 billion in annual interest from US government debt, double the average over the previous decade

Market participants said that the 7.12 per cent yield on the benchmark bond faces technical resistance and it might sustain as long as US yields do not surge further

An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago

Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results

U.S. Treasury yields continued to slide, pinning the dollar close to two-week lows as markets digest recent comments from policymakers that the Fed may not need to tighten monetary policy further

Federal Reserve policymaker Neel Kashkari said on Monday that, given the strength of the U.S economy, interest rates should probably rise again and be held "higher for longer"

Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities. The bilateral meeting took place a day ahead of the G20 Leadership Summit beginning on Saturday here. "FM Smt. @nsitharaman and Secretary Ms. @SecYellen discussed key #G20 priorities and bilateral cooperation between the two democracies to address pressing global economic and financial issues," the finance ministry said in a post on X (formerly Twitter). Yellen on Thursday had said Russia's war against Ukraine has led to the needless loss of lives and stands in direct contradiction to everything the G20 stands for. "We will rally our partners to maintain our collective economic support for Ukraine as well as impose severe costs on Russia," she had said in a post on X on Thursday. "As @POTUS said last year, India is one of America's indispensable partners. This will be my 4th visit to India in 10 months and our ties are stronger than ever. ...

NEW YORK (Reuters) - The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest level since early March as robust economic data helped ease recession fears but increased the odds of the Fed keeping its restrictive policy in place for longer than expected.

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up to USD 250,000, but many of the companies and wealthy people who used the bank known for its relationships with technology startups and venture capital had more than that amount in their account. There are fears that some workers across the country won't receive their paychecks. Yellen, in an interview with CBS' Face the Nation, provided few details on the government's next steps. But she emphasised that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry. We're not going to do that again," she said. "But we are concerned about depositors, and we're focused on trying to meet their needs. Yellen tried to reassure Americans that there will be no domino effect afte