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In inversion of US treasury yields, a recession is foretold

December 27, 2022 7:28 am

A recession typically involves the overall output in an economy contracting for at least two consecutive quarters, along with job losses and reduction in overall demand.

Russia hit with new round of US sanctions as Biden decries 'major war crimes'

April 07, 2022 3:40 pm

The new sanctions hit Russia's Sberbank which holds one-third of Russia's total banking assets, and Alfabank, the country's fourth largest financial institution, US officials said.

US yields drift higher after Fed flags rate hike

January 27, 2022 7:53 am

🔴 The Fed, however, did not set a specific date for raising interest rates, although federal funds futures have fully priced in a quarter-point tightening for the Fed's March meeting, and another three hikes for 2022.

Why the US Treasury’s call for a global minimum tax is unfair to developing economies

April 19, 2021 9:02 am

The call for a minimum tax may be seen as US correcting for the slippages in its own tax laws and as a means to finance the $2 trillion spending programme.

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US expels Russian diplomats imposes new round of sanctions

April 15, 2021 8:25 pm

A senior government official said the Biden administration would announce the sanctions and the expulsion of diplomats from the US as a result of a massive Russian hacking campaign, which violated vital federal agencies and for electoral interference.

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US Treasury plans to borrow record USD 3 trillion

May 05, 2020 11:59 am

The borrowing estimate is USD 3,055 billion higher than what was announced in February this year, the US Treasury said.

US treasury official asks India to open up govt bond market

November 03, 2015 1:48 am

A bold agenda for access to the government bond market is critical to cultivating the broader development of India's fixed-income market.

Strong US jobs market emerge after winter

April 05, 2014 1:38 am

The pace of hiring in March was close to market expectations, but the count for the prior two months was revised to show 37,000 more jobs were created than previously reported.