Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.
The U.S. Treasury said on Thursday it hit two Russian nationals and three Russian-based entities with transferring illicit weapons between it and North Korea.
The U.S. Treasury levied sanctions on Russian aluminum tycoon Oleg Deripaska for an alleged sanctions evasion scheme aimed at unlocking frozen shares. Deripaska dismissed the sanctions.
Markets are currently pricing 51 basis points of interest-rate cuts by the Federal Reserve this year, with the September cut almost fully priced in, leaving limited room for rally in government bonds, Jefferies said.
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed…
Treasurys rallied on Wednesday, sending yields to their lowest levels in more than a month, after inflation as measured by the consumer-price index came in below expectations for April.
Former Speaker of the House Paul Ryan emphasized the importance of stablecoin regulation, advocating for it as a crucial step for the U.S. financial system.
Stagflation risk has led to a softer US 10-year Treasury real yield below 2.38%. The 6% decline of Gold (XAU/USD) from its recent all-time high in April may have reached an inflection point to kickstart another potential medium-term…