Treasury yields fell on Thursday as buyers emerged for government debt and a revised reading of first-quarter U.S. GDP growth showed the economy grew at the smallest rate in almost two years.
Buyers returned to the U.S. government-debt market on Thursday, following a two-day selloff in the longest-dated maturities that sent yields to one-month highs. It’s the type of buying interest that could keep Treasury yields in check from…
The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) — while rarely involved in things like terror financing — are…
The U.S. Treasury Department sounded an alarm on non-fungible tokens, deeming the blockchain-based assets highly susceptible to use in fraud and scams.
The US financial markets were enveloped in a wave of risk aversion that continued into Asian session, primarily driven by the notable surge in Treasury yields. This uptick in yields followed an auction of seven-year debt that closed with…
In a risk assessment, the US Treasury says NFTs are “highly susceptible to use in fraud and scams” and NFT platforms lack controls to combat money laundering — “Illicit actors can use NFTs to launder proceeds from predicate crimes, often…
Yields on U.S. government debt finished at their highest levels in about a month on Wednesday after another Treasury auction was met with poor demand and as concerns grow that the Federal Reserve may have to keep interest rates higher for…
All three major U.S. indexes were in the red, with the Dow industrials declining nearly 1%, as investors are once again getting jittery about the interest-rate outlook.
The embargo imposed on Cuba in the 1960s cut the island off from the U.S. banking system. Currently, Cubans visiting the U.S. can open a bank account here, but they cannot access their money once they return to the island.
The embargo imposed on Cuba in the 1960s cut the island off from the U.S. banking system. Currently, Cubans visiting the U.S. can open a bank account here, but they cannot access their money once they return to the island.
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.