Browsing: Treasury

Many aspects of the cybersecurity breach the Treasury Department recently disclosed are alarming: the fact that hackers broke in through a tool meant to keep bad…

The U.S. Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress…

Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024.Valerie Plesch/Bloomberg via Getty ImagesAn…

Treasury yields were slightly higher early Friday after a mixed set of data on weekly jobless claims.The yield on the benchmark 10-year Treasury was 3 basis points…

Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024.Valerie Plesch/Bloomberg via Getty ImagesThe…

Traders work at the New York Stock Exchange on Dec. 17, 2024.NYSETreasury yields rose Thursday morning as investors digested new data on weekly jobless claims.The yield…

Scott Bessent, President-elect Donald Trump’s pick to serve as Treasury secretary, is planning to meet with several Republican senators on Wednesday as he continues to build…

Treasury Secretary Janet Yellen following a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024.Valerie Plesch/Bloomberg via Getty ImagesSmall businesses…

The banking industry has largely applauded President Trump’s nomination of Scott Bessent — a hedge fund veteran and former George Soros associate — to lead the…

As I’ve been saying for a while now, all of the potential bad news (for mortgage rates) has been largely baked in over the past couple…