treasury

Business News, Market News, News

Mortgage Demand Up despite Interest Rates Volatility

By Tolu Ajiboye Mar 15, 2023

The demand for mortgage is rising as high rates do not discourage prospective homebuyers for making mortgage applications.

Business News, Market News, News

Mortgage Rates Rise Over 7% for First Time since October as Inflation Shows No Signs of Abating

By Tolu Ajiboye Mar 3, 2023

Mortgage rates jumped 7.1% Thursday following last week’s 28-year low decline in homeownership applications due to raging inflation. 

Market News, News

2-year Treasury Yield Attains 17-year High amid Sustained Fed Rate Hikes

By Tolu Ajiboye Mar 2, 2023

The 2-year and 10-year Treasury yields rose following the recent 25-basis-points hike. The 2-year yield hit a high not seen since 2006.

Business News, Market News, News

Uncertain 2023 Outlook Causes Treasury Yields to Fall

By Ibukun Ogundare Jan 3, 2023

As the new year kicks off and 2023 trading begins, investors’ fingers are crossed on key economic metrics expected to be available in the coming week.

Market News, News, Personal Finance

10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report

By Tolu Ajiboye Dec 23, 2022

The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation. 

Business News, Cryptocurrency News, Market News, News

US Treasury Yields in Their Lows as Earlier Sell-Off Ends

By Ibukun Ogundare Dec 22, 2022

As the Treasury yields bounce, the top market indices also have their share of mixed performance, and the crypto industry continues to wallow in losses.

Altcoin News, Cryptocurrency News, News

Digital Dollar Team Adds 22 Advisors, Hints at Whitepaper in Q2 2020

By Jeff Fawkes Mar 27, 2020

Ex-CFTC chief’s Digital Dollar Initiative adds 22 new advisors and will release a white paper in the next two months. The Digital Dollar is serious as never, as ex-CFTC, FED, Treasury board directors join the venture.

Business News, Indices, Market News, News, Stocks

Federal Reserve Thinks Coronavirus Pandemic Needs ‘Infinity’ Stock Buying

By Jeff Fawkes Mar 24, 2020

The FED’s Jerome Powell and Secretary of Treasury Steven Mnuchin announced insane stock buyout. They want to support the economy to deliver relief to small businesses. They implement a zero rate on repo operations to make sure the bank has short-term funding.

Bitcoin News, Blockchain News, Cryptocurrency News, Market News, News

Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion Injection

By Teuta Franjkovic Mar 18, 2020

Bitcoin price recovery from last week’s catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.

News, Personal Finance

Treasury and IRS to Extend Taxpayer Deadline by 90 Days Due to Coronavirus

By Steve Muchoki Mar 18, 2020

Treasury and the Internal Revenue Service (IRS) have decided to support people affected by the coronavirus and to offer taxpayers a 90-day delay in filing their 2019 taxes.

Business News, Indices, Market News, News

Dow Jones Bounced 1000 Points Yesterday as Trump Announced $1 Trillion Fiscal Stimulus

By Bhushan Akolkar Mar 18, 2020

The fiscal stimulus package came amid the constantly dropping markets over the rise in the coronavirus spread. The Trump government announced direct payments and tax reliefs to individuals and small businesses. Dow Jones moved up on this news.

Business News, Commodities & Futures, Indices, Market News, News

Dow Futures Jump 800 Points after Brutal Monday as Trump Eyes Payroll Tax Cut

By Teuta Franjkovic Mar 10, 2020

Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.