The US Treasury plans unprecedented economic pressure on Iran, considering options like targeting Chinese oil purchases, exchange houses, and secondary sanctions, though critics remain skeptical over potential economic blowback.
The US Treasury Department and IRS have proposed rules enabling employers to contribute up to $2,500 tax-free annually to employees' dependent children's Trump Accounts, with employees also able to make pre-tax contributions via payroll.
Japan's yen slides toward 160 per dollar as traders test US resolve. US Treasury Secretary Scott Bessent intervenes to preserve the yen carry trade that funds US tech and AI investments.
The US Treasury will auction $125 billion in notes and bonds from August 11 to 13, coinciding with July CPI and PPI inflation reports. The sequence will test bond demand and examine any correlation with Bitcoin price movements.
The US Treasury Department's OFAC sanctioned digital asset exchanges Shelbit and Aban Tether, alongside Iranian national Siavash Kayvanpour, for allegedly laundering billions of dollars and facilitating sanctions evasion to support Iran's IRGC.
US Treasury yields dropped after unexpected job losses of 23,000 in July, complicating Fed's interest rate decision with inflation still elevated.
US Treasury Secretary Scott Bessent declared the 'K-shaped economy' over in a CNBC interview, citing wage gains for lower earners, even as polls show inflation remains Americans' top concern.
The US Treasury sanctioned Waldo Perez Cortes, Cuba's military attache in Beijing, for facilitating the procurement of military equipment from China for Cuba's armed forces.
Bank reserves fell by $77.579 billion on a weekly-average basis while the US Treasury raised its July-September borrowing estimate by $68 billion, placing scrutiny on Bitcoin's liquidity environment.
Tyler Williams, a senior US Treasury official overseeing digital asset policy and adviser to Treasury Secretary Scott Bessent, has left the department. His departure comes as Congress remains deadlocked over the CLARITY Act.
The Japanese yen surged to a two-month high after a rare joint currency intervention by Tokyo and Washington, following its drop to a 40-year low. US President Donald Trump called the move a "signal of friendship," with analysts noting Japan's favorable window and US aims to limit Treasury selling pressure.
US Treasury Secretary Scott Bessent inadvertently exposed plans for a $5bn-$10bn Japanese yen purchase during a Camp David cabinet meeting, captured by a Reuters photographer. This revelation coincided with reports of US and Japanese intervention to strengthen the yen, which had recently hit a 1986 low.
US government borrowing costs reached 2007 levels after the Federal Reserve held interest rates steady, fueling investor fears about inflation and the economy's ability to absorb rising prices, with 30-year Treasury yields hitting a 19-year high and stocks falling sharply.
Stablecoin issuer Tether reported a $1.5 billion net operating profit in Q2, primarily from US Treasury holdings. The company maintained over 60% of the global stablecoin market, with its USDt supply increasing despite broader market contraction.
U.S. Treasury yields advanced on Thursday, with the 10-year note reaching 4.707%, driven by Brent crude oil climbing above $100 a barrel due to Middle East tensions and weekly jobless claims falling below 200,000, signaling inflation fears and a potentially heating economy.
Treasury Secretary Scott Bessent announced the U.S. will investigate Chinese open-source AI models for intellectual property theft, threatening sanctions against companies found to be stealing IP. This move escalates the technological competition as Chinese models gain capabilities, potentially harming American AI firms.
India's holdings of US Treasury securities have fallen to a near six-year low of $181 billion in April, as the Reserve Bank of India diversifies its foreign asset portfolio by increasing gold reserves to 881 metric tonnes.
US Treasury yields climbed Wednesday, driven by surging oil prices, following President Trump's remarks about the Iran ceasefire and threats of further military action. The 10-year Treasury yield rose 6 basis points to 4.589%.
US Treasury revoked General License X, impacting Iranian oil transactions. While crude oil prices rose due to tanker attacks near the Strait of Hormuz, Bitcoin remained stable, raising questions about market confidence and future inflation impacts.
US Treasury yields rose significantly on Wednesday following President Trump's statement at the NATO summit suggesting the ceasefire with Iran is over. This, coupled with rising oil prices, fueled inflation concerns and pushed yields higher across various maturities.
The US Treasury Department has suspended a general license that eased sanctions on Iran's oil sector, effective July 7. The new directive prohibits new transactions and requires the wind-down of previously authorized ones by July 17.
The US Treasury Department revoked a license lifting oil sanctions on Iran after attacks on tankers in the Strait of Hormuz. The waiver, which allowed Iran to sell oil until August 21, was rescinded due to "wholly unacceptable" actions by Tehran.
The U.S. Treasury Department is revoking its authorization for Iranian oil sales, a license that allowed production, delivery, and sale through August 21. This action follows a series of attacks on tankers in the Strait of Hormuz, with a U.S. official stating Iran's actions were unacceptable and will face consequences.
US Treasury yields edged lower early Monday as investors awaited the FOMC minutes and the NATO Summit. The 10-year yield fell to 4.459%, the 2-year to 4.112%, and the 30-year to 4.969%. Key events include Fed minutes, jobless claims, existing home sales, and the NATO Summit in Turkey.
