Treasury department

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 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

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

January 10, 2013 | 04:15 pm

Jack Lew nominated as next Treasury secretary

Jack Lew was nominated to be secretary of the Treasury on Thursday by President Barack Obama, to succeed Timothy Geithner.

January 10, 2013 | 02:52 pm

'Bare-bones' resolution to budget crisis seen as most likely

Any fiscal-cliff resolution is being seen as nothing more than a “bare-bones” extension approved by the end-of-the-year deadline.

December 28, 2012 | 03:46 pm

Stocks fall for fifth day as fiscal cliff looms

Stocks fell for a fifth day on Friday, the longest slump since September, as lawmakers prepared for talks to avoid the fiscal cliff of spending cuts and tax increases looming in January. Treasuries...

December 28, 2012 | 10:30 am

Stocks trim losses as House sets Sunday session over budget impasse

Stocks on Thursday pared most of their early declines as the House of Representatives was said to plan a session on Sunday, fueling optimism a budget deal will be reached.

December 27, 2012 | 04:16 pm

GM buying back $5.5 billion of its shares as Treasury plans exit

General Motors announced Wednesday it will purchase $5.5 billion of its stock from the U.S. Treasury, moving the government a step closer to ending the controversial bailout of the auto industry.