The 10-year U.S. Treasury is on a course for a 3rd consecutive loss
The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains.
"Notwithstanding any other provision of law, the Secretary shall mint and issue, in qualities and quantities that the Secretary determines are sufficient to meet public demand." - US Congress Liberty Coin Act
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America's bills. Yet, somehow, the rubber checks don't bounce. Instead, like magic, they clear.
Did you know that 2022 was the WORST year for US Treasuries in American history?
A month ago, the fake debt ceiling fight ended and Congress suspended the federal government's borrowing limit for two years. Since the debt ceiling deal, the US Treasury has added a staggering $851 billion to the national debt.
The White House and GOP negotiators plan to meet again on Tuesday at 11 a.m. ET to continue negotiations on a months-long impasse over raising the nation's $31.4 trillion debt ceiling before a default occurs.
Never let a crisis go to waste…
Some of you might remember US President Joe Biden signing an executive order about cryptocurrency last September. This executive order called on US regulators to analyse cryptocurrency, and we've seen multiple reports issued since.
The 3-month to 1-month T-Bill spread is the largest in history. Simultaneously we have record or near-record inversions on bellwether spreads.
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency.
...Loses Global Reserve Currency Status
When historians review 2022, many will remember it as a year when nothing worked. Such is far different than what people thought would be the case.
It's the third-highest rate since I bonds were introduced in 1998, and investors may lock in this rate for six months by purchasing anytime before the end of April.
...even though her own Department just reported that federal tax collections are at record high levels...
Specifically, he said Thibault tried to shut down the Hunter Biden investigation, which the senator described as "improper conduct."
...Says 'Time to Open My Closed Mind'. He is now buying 2-year U.S. Treasury bonds despite repeatedly saying he does not invest in anything printed by the Federal Reserve or Wall Street.
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March.
US Treasury Secretary Janet Yellen admitted Tuesday that she had failed to anticipate how long high inflation would continue to plague American consumers as the Biden administration works to contain a mounting political liability.
U.S. Treasury Secretary Janet Yellen has said in an interview with Bloomberg TV that there is a possibility that the U.S. may reduce tariffs on Chinese imports as it strives to counter inflation.