Page 4 - Us Treasury

Trump considers Kevin Warsh for Treasury Secretary, later Fed chairman

Potential arrangement was discussed between Trump and Warsh, a former investment banker who served on the Federal Reserve Board, at Trump's Mar-a-Lago retreat

Trump widens treasury secretary search with Warsh and Rowan in the list

Bloomberg reported on Monday that Bessent was being considered for the White House's National Economic Council, but holding off accepting until a decision is made on the Treasury secretary

Trump's Treasury pick: Lutnick now likely top contender alongside Bessent

While the sources said the race seemed to have narrowed to the two for now, it is possible that other serious contenders could emerge as Trump ultimately decides who he wants

Banks, FIMMDA discuss MIBOR replacement with collateralised rate framework

Banks bat for collateralised benchmark with a balanced 50-50 weighting between TREPS and CHROMs

Isolationism has hurt America and world: Yellen to global finance leaders

Treasury Secretary Janet Yellen is telling world financial leaders that the US economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump's policies two weeks before the US election. Yellen was opening the IMF and World Bank annual meetings on Tuesday by highlighting US economic growth since the nation was in the grips of the COVID-19 pandemic. Without mentioning Trump by name, she said in an advance draft of her remarks that the Biden administration had ended a period of international isolationism that made America and the world worse off. We went from millions having lost their jobs to a historic labour market recovery, Yellen says. She said US economic growth has been almost twice as fast as most other advanced economies this year and last, even as inflation came down sooner. The IMF released its international outlook on the global economy on Tuesday morning and upgraded its economic outlo

Close to finalising $50 bn Ukraine loan with US contributions: US Treasury

Yellen told that the Russian sovereign assets, mostly held in Europe, will remain immobilized

US posts $1.8 trn annual deficit, highest outside of Covid: Treasury data

Treasury officials highlighted that the widening was largely due to accounting for the Biden administration's broad student debt relief plan

US treasury secy warns on using tariffs to wall off US from world economy

Her comments, less than three weeks from the presidential election, come against a backdrop of Republican candidate Donald Trump touting tariff hikes as his preferred economic policy tool

US Treasury calls for new IMF, World Bank steps on liquidity pressures

The plan "will require hard work and innovation" at the international financial institutions, US Treasury official said

US Treasury reports $380 billion federal budget deficit in August

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

Cash could stay attractive for months despite rate cuts, says JP Morgan

In 2001 and 2019 - an aggressive and shallow rate-cutting cycle, respectively - the spread turned positive about three months after the first cut

Gold price climbs Rs 10 to Rs 70,100, silver rises Rs 100 to Rs 83,100

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 64,260

US treasury yields boost dollar, leave Japan's yen dazed at 38-year low

On Tuesday, the yield on the 10-year note was down 2 basis points on the day at 4.4554%, around its highest since the start of the month

Govt bonds remain unchanged amid rising selloff in US Treasury yields

Investors have raised bets that former President Donald Trump may out beat US President Joe Biden at the elections due in November, especially after last week's debate

Indian govt bond yields marginally higher tracking US Treasury moves

US yields rose on Friday and gained further during Asia hours as uncertainty around the US presidential election

Foreigners buy India debt on eve of index inclusion, indicators signal

Firstly, the rupee rose to 83.4525 per dollar, up 0.14 per cent on the day, despite a jump in US Treasury yields on Wednesday

Govt bond yields largely unchanged as traders await fresh debt supply

The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment

US Treasuries behind RBI's Rs 2.1 trillion bumper surplus to Centre

Dollar sale also helped; Such high surplus likely to be one-off

US Treasury imposes sanctions after aborted sale of Russian tycoon stake

Treasury will continue to take action to ... stop evasion by the Kremlin and its oligarch enablers, said US Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson

At $2 million per minute, US Treasuries mint cash like never before

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