by confoundedinterest17 Yes, it is one day after Fed officials boosted the rate on its overnight reverse repurchase agreement facility by 5 basis points to 0.05% and decided to lift the interest paid on excess reserves by 5 basis points to 0.15%. …
by The Phoenix Over the last week, we’ve been outlining the absurdity of Treasury Secretary Janet Yellen’s belief that higher inflation and higher interest rates would for the U.S. By quick way of review: 1) Secretary Yellen believes that President …
by Charles Hugh-Smith The Fed sees itself as trapped by the incompetence and greed of the other players and by its own policy extremes that were little more than expedient “saves” of a system that is unraveling due to its …
From Treasury.gov WASHINGTON – Today, the U.S. Department of the Treasury announced that it has distributed $6.1 billion through the Emergency Rental Assistance (ERA) program in less than two weeks since $21.6 billion was allocated to the program. A part of …
Watch the latest video at foxbusiness.com The Biden administration on Thursday unveiled a detailed plan laying out a new “tax compliance agenda” designed to beef up IRS enforcement and crack down on wealthy tax cheats – a proposal that it …
https://twitter.com/disclosetv/status/1395417184571166720 h/t LostRabbit
MINNEAPOLIS (WCCO) — Your grocery list could be eating away at your budget, without you noticing. Nearly everything at the store, from beef and cereal, to fruit and veggies, costs more than it did a year ago. Shannon Bjork, an …
by confoundedinterest17 Today’s 3-month Treasury auction revealed an even lower 3M high yield rate than the previous auction. The 3M high yield was 0.015%. The ultra-low yield comes after The Fed increased their Treasury bill holdings in late 2019 and early …
by confoundedinterest17 The April 29th Treasury auction produced some very European/Japanese-like results. As in a 0% 4W high yield rate. And thanks to Green Man (Fed Chair Jay Powell), the Fed’s System Open Market Account Holdings of Treasury Bills soared in 2019/2020 …
https://www.statista.com/statistics/247565/monthly-average-10-year-us-treasury-note-yield-2012-2013/ Mainstream consensus is 1.9% (if not 2.2%!) My own belief is sub-zero in August or Q4. In 1990 a multi-year downtrend began, ending in 1993. Also 2000 – 2003 and 2007 – 2012. All three episodes had “pauses” in …
by confoundedinterest17 The US economy is now forecast to grow at a rate of 8.33% following the massive Covid lockdown. And the US Treasury 10Y-3M curve fell along with GDP forecast growth. Over a longer period, you can see that the …
by confoundedinterest17 Treasury managed to sell $24 BILLION in 30 year Treasury bonds. The high yield rate was 2.32%. The result? The 30Y-2Y Treasury slope declined along the the 10Y-2Y slope. Good news for the already blistering housing market.
https://t.co/LaitDuBiwG — *Walter Bloomberg (@DeItaone) April 5, 2021
Treasury Secretary Janet Yellen presided over a meeting Wednesday of the Financial Stability Oversight Council. She set out a slew of reforms she will seek, including on the Treasury, mutual fund and money market segments. In addition, Yellen repeated concerns …
BREAKING: Treasury Secretary Janet Yellen says more needs to be done to address the financial system's vulnerabilities. In her first Financial Stability Oversight Council meeting, Yellen also says climate change poses a “tremendous risk to our country’s stability” pic.twitter.com/R71duVbnbk — …
by confoundedinterest17 The Treasury markets are getting blasted like in Thunderdome from Mel Gibson’s Mad Max Beyond Thunderdome. (Bloomberg) — The popularity of one Federal Reserve overnight deposit facility has surged as investors look for shelter from negative rates in short-term markets, which …
by mark000 https://www.japantimes.co.jp/news/2021/03/04/business/financial-markets/bonds-stock-japanese-economy-global-economy-u-s-treasuries/ [March 4] Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end [on 31] March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year …
by David Haggith This past week we got to observe Fed Chair Jerome Powell and the US stock market and the US bond market do everything I said they would do in their complicated shuffle of ships-and-icebergs: “I’m sure many helium-headed stock investors …
by Michael Markowski The chart below which covers the yields for US 10 year and 30-year Treasury bonds from January 1940 to March 2021, was pulled from a March 4, 2021 Elliot Wave report. The chart depicts the crashes for the Dow …
by confoundedinterest17 The Biden Effect is unlike the Butterfly Effect. More like the Mothra/Godzilla Effect. Oil prices and the 10-year Treasury yield have risen since Ol’ Joe took office. Check out the 10Y-2Y yield curve slope after Biden took office. But wait! …
by confoundedinterest17 A picture is worth a thousand words. And inflation is starting to rear its ugly head. Hopefully the Biden management team of Powell and Yellen avoid the disasters of Venezuela where their 9% coupon bond that went from par …
by confoundedinterest17 The US Treasury 10Y-2Y slope has gone parabolic (right side) since September 2019 (yellow line) and is back to mid-2015 levels. Not only is the 10Y-2Y curve slope going parabolic, but the tech-heavy NASDAQ 100 has foundered since hitting …
by confoundedinterest17 The US Treasury yield curved inverted on Friday for the first time since 2007 and it became ever more inverted today as 10-year T-Note Volatility spiked. Investors are taking large bets on the leveraged VIX note with inflows the …
via Mish Talk: Are tax refunds higher or lower than last year? Apparently both, depending on whom you believe. The Trump tax cuts front loaded the impact by giving people more money weekly. The net benefit was positive for most people, …
Is it ok that meetings are happening in SECRET with the Treasury and the Fed with the most powerful companies? There are many influential companies in the world. Financial companies tend to have the tallest buildings, the most collusion with …
by Thinker BATTLE FOR WORLD / BLOOMBERG – January 28, 2019: In the normal scheme of things for the United States to maintain…all of its war activities throughout the world it has increased yet again the U.S. debt. The Bloomberg …
Howard Schultz: The $21 trillion national debt is the ‘greatest threat domestically to the country’ Howard Schultz rips Democrats for veering too far left from CNBC. “I think the greatest threat domestically to the country is this $21 …
by AIsuicide Note: The following are some of the key audits the State Department decided to focus on…there is a very brief summary of their findings after each….pay attention to the Treasury Foreign Intelligence Network audit specifically. Table 1. …
