Treasury department

PIMCO emerging markets co-head nominated for Treasury post

Ramin Toloui was nominated by President Barack Obama on Thursdayto serve as the Treasury Department's deputy undersecretary for international finance, according to a White House...

April 11, 2014 | 04:16 pm
Treasury and IRS offer rollover relief

Treasury and IRS offer rollover relief

The Treasury Department and Internal Revenue Service issued guidance Thursday that removes a cumbersome step sponsors of retirement plans must take when accepting rollovers from other employers'...

April 03, 2014 | 03:54 pm
Retirement: A welcome focus from the State of the Union

Retirement: A welcome focus from the State of the Union

Not too long ago, talk of a retirement crisis, the reaction, more often than not, was “I'll believe it's a crisis when people start acting like it's a crisis.”

February 05, 2014 | 09:31 am
Obama, Treasury detail new MyRA savings plan

Obama, Treasury detail new MyRA savings plan

President Barack Obama directed the Treasury Department on Wednesday to create the “MyRA” retirement savings bond program mentioned in his State of the Union address Tuesday night to...

January 29, 2014 | 01:52 pm
Taper decision may boost interest in fixed income

Taper decision may boost interest in fixed income

Money managers' response to the Federal Reserve's decision to cut its monthly bond purchases to $75 billion in January from $85 billion is much more optimistic than it was when the topic first was...

December 23, 2013
Floating-rate securities gain	more attention

Floating-rate securities gain more attention

Institutional investors' appetite for floating-rate securities is growing, and they are eagerly anticipating the U.S. Treasury Department's January auction of floating-rate notes.

November 11, 2013
Treasury: Default could be 'catastrophic,' lead to financial crisis

Treasury: Default could be 'catastrophic,' lead to financial crisis

An extended government shutdown could make the American economy “even more susceptible” to adverse effects from a debt ceiling impasse, officials at the Treasury Department warned in a...

October 04, 2013 | 03:29 pm

Government report says managers could hurt economy

The Treasury Department said money managers could pose threats to the U.S. financial system when reaching for higher returns, herding into popular asset classes or amplifying price movements with...

September 30, 2013 | 05:54 pm
Budget, debt ceiling gridlock not worrying investors ... yet

Budget, debt ceiling gridlock not worrying investors ... yet

As Washington policymakers deal with the deadline dramas of an expiring budget resolution and the federal debt ceiling, money managers and their institutional clients are taking it all in stride.

September 30, 2013
Treasury urged bailout funds to Delphi pensions, watchdog says

Treasury urged bailout funds to Delphi pensions, watchdog says

The U.S. government urged General Motors Co. to improve pensions of some Delphi Automotive union retirees while cutting those of salaried workers to help ensure a speedy emergence from a GM...

August 16, 2013 | 10:57 am

SPARK Institute joins chorus of calls to recognize 'state of celebration'

The SPARK Institute on Thursday asked the departments of Labor and Treasury to issue regulations allowing defined contribution plans to determine a participant's marital status based on “state...

August 15, 2013 | 03:52 pm

Marathon liquidated PPIP fund after earning Treasury 25% return

Marathon Asset Management, one of nine firms selected in the credit crisis to manage a government-subsidized program to revive the mortgage-bond market, liquidated its fund after handing the U.S....

August 13, 2013 | 03:36 pm

Fiscal debt drama has chill for markets

he following comments were overheard at a recent meeting of Debt-aholics Anonymous.

February 04, 2013
Treasury yields fall from nine-month highs as economy contracts

Treasury yields fall from nine-month highs as economy contracts

Treasury 10-year yields fell from the highest level in nine months after a government report showed the U.S. economy unexpectedly contracted in the fourth quarter.

January 30, 2013 | 09:49 am
Monetary policy drives bond market asymmetry

Monetary policy drives bond market asymmetry

The Fed's action since 2008 is profoundly distorting U.S. fixed income markets.

January 10, 2013 | 04:15 pm