Search results
Results From The WOW.Com Content Network
The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit ...
U.S. stocks slipped on Thursday, jeopardizing the longest winning streaks for the Nasdaq and S&P 500 in almost two decades, as Treasury yields rose after a disappointing auction of 30-year bonds ...
NEW YORK (Reuters) -The U.S. Treasury Department said on Wednesday it does not anticipate increasing auction sizes for notes and bonds for at least the next several quarters, in line with market ...
On December 10, 1929, the Treasury issued its first auction. The result was the issuing of $224 million three-month bills. The highest bid was at 99.310, with the lowest bid accepted at 99.152. [3] Until the 1970s, the Treasury offered long-term securities at irregular intervals based on market surveys.
Single-price auctions are a pricing method in securities auctions that give all purchasers of an issue the same purchase price. They can be perceived as modified Dutch auctions . This method has been used since 1992 when it debuted as an experiment of the U.S. Treasury for all auctions of 2-year and 5-year notes.
The U.S. Department of the Treasury issues Treasury securities and collects federal taxes through the Internal Revenue Service. Two developments took place in mid-September that reduced the amount of cash available in the system and thus put stress on the overnight funding market. [2] [17] [37]
Treasury yields dropped after the Treasury Department said auction sizes, or Treasury supplies, are expected to be unchanged “for at least the next several quarters." That boosted prices on ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.