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Stories published on May 17
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  • Stories published on May 17

Friday, May 17

22

30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy

www.marketwatch.com

Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third…

21

US Treasury strategy would tighten virtual asset regulations, increase AI use

cointelegraph.com

The Treasury’s fight against illicit finance will focus on better regulations, greater enforcement and AI.

12

10

German Bunds Seen More Attractive Than U.S. Treasurys in Near Term

www.wsj.com

German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.

MP: Treasury proposed 16% VAT on bread for diabetes control

www.the-star.co.ke

"We had a conversation with Treasury. The initial thinking was maybe there is a concern about diabetes," MP Kuria said.

02

Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance

www.pymnts.com

The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. The agency aims to increase transparency, leverage partnerships and support responsible technological…

Thursday, May 16

22

Treasury yields end higher for first time in four sessions

www.marketwatch.com

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.

20

Disinflation Hopes Reshape Treasury Yields' Major Trend: 5 Bond ETFs Poised To Rally On Fed Rate Cuts

www.benzinga.com

Inflation data supports Fed rate cuts, yields test crucial 200-day average, creating favorable bond market trend. Powell downplays hike concerns.

Union warns of threat to Harland & Wolff jobs if Treasury vetoes £200m support

www.theguardian.com

GMB says historic shipyard’s workers are concerned by reports that chancellor could withhold vital export credit guarantee

19

Treasury sanctions 2 individuals, 3 companies with Russia-North Korea weapons ties

www.upi.com

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.

Russian metals tycoon says US Treasury sanctions against him are 'balderdash'

www.foxnews.com

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.

18

14

Treasury scraps funds for school feeding programme

www.the-star.co.ke

Programme was allocated Sh4.9 billion in the financial year ending June 30, 2024.

11

Scope for Rally in U.S. Treasurys, Bunds Seen Limited

www.wsj.com

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.

07

Bridgewater founder Dalio warns of danger of US debt to Treasury market

www.ft.com

Billionaire investor has concerns about rising financial burden, global conflict and growing possibility of ‘civil war’

05

US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion

news.bitcoin.com

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…

Wednesday, May 15

00

22

Treasury yields end at lowest levels in more than a month after April CPI data

www.marketwatch.com

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.