US Treasury

The loss on the portfolio was the reason SVB, a technology-focused lender known as Silicon Valley Bank, attempted a $2.25 billion stock sale last week using Goldman Sachs as an adviser

Though many of them expect limited near-term impact, lack of SVB-like support system may pinch them later

People aware of the developments have said that the programme is likely to cover private equity and venture capital investments in advanced semiconductors, quantum computing, among others

The details of the transition towards climate-change-related finance will require deft handling

US Treasury Secretary Janet L Yellen on Thursday said the global economy is in a better place today than many predicted just a few months ago, and the outlook has improved. She also stressed on the need for working together to ease the debt overhang that is holding back too many countries. "While there are significant headwinds, it's fair to say that the global economy is in a better place today than many predicted just a few months ago. In the fall, many were worried about a sharp economic slowdown across the world. The challenges we face are real, and the future is always uncertain. But the outlook has improved since we gathered in the fall," Yellen said. Speaking to reporters here, she said, in its most recent estimates, the IMF forecasts global growth of 3.2 per cent during 2023 a notable upgrade from its October report. The progress on our global macroeconomy is a result of our collective work, and it underscores the importance of redoubling our efforts going forward, she ..

US Treasury Secretary Janet Yellen sent a letter on Tuesday to congressional leaders saying she's suspending the reinvestment of federal bonds in a government workers' savings plan an additional extraordinary" measure to buy time for President Joe Biden and Congress to raise the nation's debt limit. The government bumped up against its legal borrowing capacity last Thursday, prompting Treasury to take accounting steps regarding federal employees' retirement and health care plans that will enable the government to stay open until roughly June. Yellen said in the letter that as of Monday she also determined that the government will be unable to invest fully in the government securities portion of the thrift savings fund in the federal employees' retirement system. She noted that her predecessors have taken a similar action in the past, noting that by law the accounts will be made whole once the debt limit is increased or suspended. But it's an open question to how the White House an

Yellen dismissed the idea as a "gimmick" which the Federal Reserve was unlikely to follow through

Treasury Secretary Janet Yellen announced in a letter to House Speaker Kevin McCarthy that her department would put the temporary brakes on new investments

The greenback dropped as low as 130.58 yen that day for the first time since early August as traders speculated about an eventual end of BOJ stimulus

Lavrov said the cap was irrelevant, the strongest hint yet of a possible softening. With such a generous cap, buyers and sellers can easily claim it's just business as usual

The US Department of Treasury on Friday removed India along with Italy, Mexico, Thailand and Vietnam from its Currency Monitoring List. China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current monitoring list, the Department of Treasury said in its biannual report to the Congress. The countries that have been removed from the list have met only one out of three criteria for two consecutive reports, it said. China's failure to publish foreign exchange intervention and broader lack of transparency around key features of its exchange rate mechanism makes it an outlier among major economies and warrants Treasury's close monitoring, said the report.

Yellen will meet with tech sector haeds, visit Microsoft India Development Center, and hold a bilateral meeting with FM Sitharaman

The Dow Jones Industrial Average fell 0.46% to 32,001.25, the S&P 500 lost 1.06% to 3,719.89 and the Nasdaq Composite dropped 1.73% to 10,342.94

The dollar loomed over major peers as Treasury yields peaked at multi-year highs, while the yen tumbled to a fresh 32-year low and kept markets on high alert

US 10-year Treasury yield at highest since July 2008; Netflix jumps after reversing customer losses; P&G, Travelers post upbeat earnings; PHLX Housing Index falls 3% on weak US housing data

Gold prices on Monday rose more than 1% after declines in the previous two sessions, as the U.S. dollar and Treasury yields faltered

Dip in dollar, bonds, and oversold markets boost global equities

Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe

FPIs buy shares worth Rs 1,345 crore

The benchmark US 10-year yield was little changed at 3.945 per cent after earlier climbing to 4.015 per cent.