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Stories published on Jul 12
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  • Stories published on Jul 12

Friday, Jul 12

22

2-year Treasury yield ends at lowest since February after decline in consumer sentiment

www.marketwatch.com

Rates on U.S. government debt finished lower on Friday, with 2- and 10-year yields hitting the lowest levels in four or five months, after data from the University of Michigan showed a drop in consumer sentiment.

16

'Proud to be part of team that stopped Matodzi and VBS’: former Treasury DG Dondo Mogajane denies bribery claims

www.timeslive.co.za

Convicted fraudster and former chairperson of the now defunct VBS Mutual Bank board Tshifhiwa Matodzi's leaked affidavit has detailed how the bank solicited money from municipalities and bankrolled the lives of government officials.

Trump Allies Slam Janet Yellen For Manipulating Treasury Debt Auctions To Improve Biden's Image

www.benzinga.com

The U.S. Treasury Secretary, Janet Yellen, is under fire from Republican lawmakers who accuse her of manipulating Treasury debt auctions to stimulate the economy and enhance President Joe Biden‘s image.

14

Procurement Act: NEFGAD cautions Tinubu against opening door for treasury looters

dailypost.ng

The Network for the Actualisation of Social Growth and Viable Development (NEFGAD), a public procurement advocacy group, has cautioned President Bola Tinubu regarding his recent directive to amend the Public Procurement Act 2007. NEFGAD…

Thursday, Jul 11

23

13 senators call on Treasury to loosen rules for hydrogen energy tax credit

thehill.com

More than a dozen Democratic senators called on Treasury Secretary Janet Yellen to relax guidelines around federal tax subsidies for the hydrogen industry in a letter this week. The current guidance, backed by green and progressive…

22

Post-CPI rally in Treasurys sends 2- and 10-year yields to lowest closing levels since March

www.marketwatch.com

Treasurys aggressively rallied on Thursday, sending yields tumbling, after more signs of easing inflation bolstered the market-implied chances of a Federal Reserve interest-rate cut by September.

21

10-year Treasury yield dives after June CPI unexpectedly decreases

www.cnbc.com

Investors assessed fresh inflation data and considered remarks from Federal Reserve Chair Jerome Powell.

20

New Sheriff in Town: Treasury Proposes Unprecedented Outbound Investment Screening Regulations

www.jdsupra.com

On June 21, 2024, the Biden administration rolled out its outbound investment screening regulations. Last year, the Biden administration published an advanced notice of proposed rulemaking (ANPRM) that outlined the broad parameters of…

18

Inflation Data Sparks Rush For Gold, Real Estate, Treasuries, Yen: Traders See September Rate Cut As Done Deal

www.benzinga.com

US inflation slows in June, increasing expectations for rate cuts. Bonds, real estate stocks rally as investors bet on lower interest rates.

15

Treasury Yields Fall Amid Mixed U.S. Indicators

www.wsj.com

Treasury yields fell as June inflation slowed more than expected while weekly jobless claims declined, giving mixed signs about the U.S. economy.

Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble

www.benzinga.com

The US CPI slows in June, signaling progress toward Fed target and expectations for rate cuts.

12

Who is new Pensions Minister Emma Reynolds - she's handed a 'joined up' dual role at DWP and Treasury

www.dailymail.co.uk

Emma Reynolds returned to parliament at the election, after previously serving as an MP between 2010 and 2019, including a short stint in the shadow cabinet.

Treasury, IRS announce 'major milestone' of $1 billion in past-due taxes collected from millionaires

www.cnbc.com

The U.S. Department of the Treasury and IRS announced a "major milestone" of collecting more than $1 billion in past-due taxes from millionaires.

09

Wednesday, Jul 10

22

Treasury yields finish steady after Fed’s Powell sticks to script on interest-rate outlook

www.marketwatch.com

Yields on U.S. government debt finished little changed on Wednesday after Federal Reserve Chair Jerome Powell produced no surprises in his messaging about the interest-rate outlook during a second day of congressional testimony.

20

19

Top Treasury official defends Biden-era China tariffs

www.axios.com

The Biden administration will give the most full-throated defense yet of its tariffs on Chinese imports in a speech Wednesday afternoon by a top Treasury Department official.