Posts Tagged ‘Treasury’

U.S. Treasury Secretary set for Asia visit for annual economic talks

U.S. Treasury Secretary Timothy Geithner is all set to begin his Asia trip next month where he will represent the U.S. at global economic meetings and meet with key economic policymakers. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. Treasury note yields fall as nervous investors seek safety

Linda Young – Fourth Estate Cooperative Writer Washington, D.C., United States (4E) – The yield on 10-year Treasury notes fell to an all-time record low of 1.659 percent as nervous investors decided keeping their money safe was most important. Yields, or the interest paid on 10-year notes, moves inversely to prices. They are tracked by […]

Mortgage rates fall to new low–again

Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates fell to new lows again for the week ended May 10, with the 30-year averaging 3.83 percent. Freddie Mac said in a statement Thursday, “Following April’s weaker than expected employment report and the French and Greek election results raising concerns over […]

No Treasury Auctions Set for This Week

No tax-exempt fixed-income issues are scheduled for pricing this week. View full post on Business Stories

Fannie Mae needs bigger lifeline

Losses widened at mortgage giant Fannie Mae in the third quarter, forcing the government-controlled firm to request another $7.8 billion from the Treasury Department. View full post on Business Stories

U.S. stocks trade in a tight range on Friday after 4 days of gains

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Many investors and traders were saying TGIF and trying to make it five days in a row for gains. Stocks in the U.S. bounced up and down all day Friday. A short supply of economic data failed to sway markets one way […]

Treasury 10-Year Yields Rise Most Since July on European Outlook

Treasuries dropped, pushing 10-year note yields up the most in more than two months, after the European Central Bank coordinated with the Federal Reserve and other central banks to maintain liquidity for the euro area’s financial institutions. View full post on Finance Stories

General Motors Said to Weigh Buying Shares From U.S.

GM executives have discussed buying shares from the Treasury Dept. to reduce the government’s 33 percent stake in the automaker View full post on Finance Stories

Move to delay UK spending cuts

The Treasury is working on plans to ‘reprofile’ spending cuts next April, spreading the pain of deficit reduction more evenly over the next few years, Whitehall officials have told the FT View full post on UK Business Stories

Lib Dems to crackdown on tax avoidance

Danny Alexander, Treasury chief secretary, has unveiled a “ruthless” crackdown on tax avoidance, telling the Liberal Democrat party conference the measures will recoup £7bn and make the deficit reduction more fair View full post on UK Business Stories