The U.S. Department of the Treasury proposed rules under the GENIUS Act requiring stablecoin issuers to obtain federal or state licenses starting January 18, 2027, and restricting platforms from selling non-compliant stablecoins by July 18, 2028.
Global government bond yields hit multi-decade highs on Tuesday as hopes for a U.S.-Iran deal faded, a cargo ship was struck in the Strait of Hormuz, and Brent crude hovered above $90 a barrel.
The U.S. Treasury and IRS proposed rules allowing employers and employees to fund tax-deferred Trump Accounts for children using pretax dollars, with employers able to contribute up to $2,500 annually per worker.
U.S. Treasury yields remained largely unchanged on Wednesday morning as investors awaited crucial consumer price index inflation data that could influence the Federal Reserve's September policy meeting.
Treasury yields rose Tuesday as Middle East tensions pushed energy prices higher and investors awaited upcoming inflation data and existing home sales figures.
U.S. Treasury yields edged lower as investors awaited key inflation data for July, following a softer-than-expected nonfarm payrolls report that lowered expectations for Federal Reserve rate hikes.
U.S. Treasury yields held steady Wednesday as traders assessed weaker-than-expected ADP private payrolls data and comments from Federal Reserve officials regarding interest rates, alongside developments surrounding the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent says the U.S. and Iran could reach a deal this week to reopen the Strait of Hormuz for commercial shipping, potentially lowering oil and commodity prices.
US Treasury Secretary Scott Bessent states the US and Iran may finalize a deal by the end of the week to reopen the Strait of Hormuz, ensuring 'freedom of movement' for ships, which could lead to decreased oil and commodity prices as stranded vessels exit the Persian Gulf.
U.S. Treasury Secretary Scott Bessent stated that the United States and Iran could finalize a deal this week to reopen the Strait of Hormuz, focusing on freedom of movement in the vital shipping lane amidst ongoing Middle East conflict disruptions.
U.S. Treasury Secretary Scott Bessent highlighted excess volatility in the South Korean won and stressed the necessity of a stable yen following a joint U.S.-Japan currency market intervention.
U.S. Treasury yields declined Monday, with the 10-year note falling to 4.688%, as oil prices slumped amid hopes of de-escalation in the Iran conflict following President Trump's claims of renewed negotiations. However, Iran's foreign ministry denied any immediate plans for direct talks with the U.S.
Japan's finance ministry and the U.S. Treasury conducted a coordinated yen-buying operation on Friday to counter the currency's excessive volatility and weakness. Both nations signaled readiness for further joint interventions, with the yen strengthening slightly after hitting a four-decade low, though an expert expressed skepticism about the funding method.
U.S. Treasury yields slid on Friday, with the 10-year note dropping over 2 basis points, as oil prices declined following reports of Pakistan exploring U.S.-Iran peace talks. This occurred amidst President Trump's consideration of a "massive attack" on Iran.
U.S. Treasury yields, including the 10-year note, advanced significantly as Brent crude surpassed $100/barrel due to Middle East tensions, fueling inflation fears. This, coupled with weekly jobless claims falling below 200,000, increased expectations for a Federal Reserve interest rate hike.
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.
U.S. Treasury Secretary Scott Bessent reiterated warnings to Chinese AI companies, stating sanctions are possible for IP theft, specifically citing Moonshot's alleged distillation of Anthropic's Fable model. A White House official also accused Moonshot of using banned Nvidia servers.
U.S. Treasury yields increased across the curve due to escalating Middle East tensions, though reports of ceasefire proposals tempered oil prices. Investors are monitoring energy prices, developments in the Iran conflict, and an upcoming U.S. PMI report.
U.S. Treasury Secretary Scott Bessent announced an investigation into whether Chinese AI models, including Moonshot AI's Kimi K3, are "distilled" from American models, citing "IP theft." He warned of potential sanctions and noted "watermarks" from U.S. large language models on Chinese counterparts.
U.S. Treasury yields increased across the curve on Tuesday, driven by escalating Middle East tensions. Reports of ceasefire mediation efforts tempered oil prices, but strategists warn government bonds remain vulnerable to energy price shifts and developments in the Iran conflict.
U.S. Treasury yields edged higher as escalating tensions in the Middle East, marked by continued U.S. strikes on Iran and Iranian retaliation, influenced markets. Investors are also weighing recent cooler U.S. economic data and anticipate the upcoming S&P Global Flash U.S. PMI report.
U.S. Treasury yields rose significantly on Wednesday following President Donald Trump's statement at the NATO summit that the ceasefire with Iran is over. This geopolitical development also led to an increase in energy prices, with Brent crude and WTI futures jumping.
The U.S. Treasury Department revoked a general license authorizing Iranian oil sales following reports of three tanker attacks near the Strait of Hormuz, raising concerns about diplomatic efforts.
President Trump launched "Trump Accounts," new tax-advantaged investment vehicles for U.S. children, by ringing the NYSE and Nasdaq opening bell from the White House. The program includes a $1,000 pilot contribution for babies born between 2025-2028.
