The Treasury Department said on Wednesday it has complied with a court order to make former President Donald Trump's tax returns available to a congressional committee. The Supreme Court last week rejected Trump's request for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to the Democratic-controlled House Ways and Means Committee. The court, without dissent, cleared the legal obstacle to disclosure of Trump's tax returns. A department spokesperson said Treasury has complied with last week's court decision but declined to say whether the committee had accessed the documents. The spokesperson declined to be identified by name because of privacy constraints. Trump refused to release his tax returns during his 2016 presidential campaign or his four years in the White House. After the Supreme Court action, Ways and Means Committee Chairman Richard Neal, D-Mass., said in a statement that since the Mag
The 10-year Treasury yield dipped to 3.659%, the lowest since Oct. 5 in Tokyo trading, after Thursday's US Thanksgiving holiday; the two-year yield slipped to a one-week bottom at 4.44%
FPIs buy shares worth Rs 1,345 crore
The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall
US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat
The benchmark 10-year government bond yield ended at 7.2811%. The yield has risen 9 basis points in last three sessions and had ended at 7.2702% on Monday.
What led to such record outflows? "Rising global central banks' rates, rupee depreciation, expensive valuations and geopolitical risks," says BofA in a note.
Spot gold was flat at $1,719.49 per ounce by 1438 GMT. U.S. gold futures were little changed at $1,719.10.
Spot gold was little changed at $1,734.59 per ounce by 0916 GMT after hitting $1,722.36 earlier in the session, its lowest since Sept. 30. US gold futures rose 0.1% to $1,733.60.
Junk spreads have surged 100 basis points the past two weeks as the Federal Reserve's efforts to tame inflation fuel concerns that the central bank will push the economy into a recession
Spot gold was down 0.3% at $1,847.90 per ounce as of 0956 GMT and US gold futures had declined 0.3% to $1,850.50.
The yen is sensitive to interest rate differentials between Japanese debt and US bonds.
Spot gold was up 0.1% at $1,851.98 per ounce, as of 0752 GMT, while US gold futures rose 0.2% to $1,854.60.
Fed is debating whether to develop a digital currency, as are most central banks around the world. A decision has not been made, and officials say it would take congressional approval to move forward
Global economy is reeling from new supply shocks
In its latest policy update, the Fed signaled it is likely to raise U.S. interest rates in March
The Dow Jones Industrial Average fell 569.38 points, or 1.63%, to 34,299.99
Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in "The Big Short," is wagering that long-term US Treasuries will fall.
The STOXX Europe 600 index was up 1%, recovering more than half of the prior session's decline, but still on course to record the second straight week of losses.
US Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record highs