Tag: Government securities
US average mortgage rates continue to fall; 30-year at 2.90%
WASHINGTON — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal...
San Francisco Fed’s Daly: Healthy economy needs less support
WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
MLBPA increases investments to $178M ahead of bargaining
NEW YORK — The Major League Baseball Players Association increased its liquid assets by about $19 million to $178.5 million ahead of collective bargaining...
Safety last: Risky investments soared at start of 2021
NEW YORK — Who needs safety when the world's about to get back to normal?
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Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...
Greece issues 30-year bond to smooth debt costs
ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...