US Treasury yields declined Tuesday ahead of the Federal Reserve's policy meeting, with easing inflation and interest rate hike expectations. A provisional peace agreement between Washington and Tehran also contributed to the fall.
The US Treasury Department is deepening banks' involvement in President Trump's immigration crackdown by issuing new guidance. This allows banks to share information about suspected customers more rapidly and flags signs of customers lacking legal immigration status, framed as a measure against fraud and crime.
The U.S. Treasury Department has published a list of medical devices requiring specific authorization for export to North Korea, tightening licensing requirements amid Pyongyang's nuclear and missile threats.
Three Indian crew members were killed when the US Navy attacked merchant ships off the Oman coast; India lodges strong protest with the US.
US Treasury permits financial transactions for Sakhalin-2 oil to Japan until December 18, 2026, provided it's exclusively for Japanese transport.
US Treasury Secretary Scott Pissent vowed to use Iranian funds to compensate for damages caused by Tehran to Washington's Gulf allies, warning of severe economic repercussions from the Islamic Republic's attacks. Meanwhile, efforts to reach a preliminary agreement between Iran and the US have intensified, with discussions focusing on releasing frozen Iranian funds.
Former US Treasury Secretary Henry Paulson advised Washington and Beijing to manage their strategic competition to prevent conflict, warning that distrust is a greater risk than trade imbalances. Speaking in Beijing, he emphasized the need for 'guard rails' amidst intense rivalry.
The US Treasury has started refunding $22 billion in tariffs after the Supreme Court canceled surcharges in February. The administration appealed the decision on June 2nd, potentially impacting these initial refunds.
Anchorage Digital, a crypto bank, has submitted a public comment letter supporting the US Treasury Department's proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act. The company believes the rules strike a balance between compliance and innovation but seeks clarification on secondary-market sanctions liability.
Hyperliquid Policy Center and Paradigm asked the US Treasury to adjust proposed AML/sanctions rules for stablecoin issuers, arguing secondary market obligations are unpoliceable and could harm DeFi.
Treasury Secretary Scott Bessent confirmed the US is moving forward with establishing a strategic Bitcoin reserve as ordered by President Trump. He emphasized a methodical approach to the unprecedented initiative, aiming for durable, best-practice protocols. Senator Cynthia Lummis praised the progress, while Bessent also urged passage of the Digital Asset Market Clarity Act to bolster US leadership in crypto innovation.
US Treasury Secretary Scott Bessent is working with Congress to solidify the nation's strategic bitcoin reserve, established by a presidential decree in March 2025. The goal is to transition the reserve from a political initiative to a lasting institutional commitment through legislation, signaling bitcoin's legitimacy as a long-term reserve asset.
US Treasury Secretary Scott Bessant expressed support for Bill Mulvaney's appointment as acting Director of National Intelligence, despite their past heated altercation. Bessant stated he expects constructive cooperation on housing and urgent issues concerning Iran.
The US Trade Representative's office announced a new US-China Board of Trade to manage bilateral trade, potentially considering tariff modifications on non-sensitive goods. The board aims to facilitate trade between the two largest economies.
US official Bessent noted 200 Boeing planes agreed during a visit, with more expected when Xi Jinping arrives. Expert Gupta linked Boeing purchases to China's C919 jet engine supply, predicting up to 550 more planes if trust is established. This follows the US Trade Representative's office announcing a comment process for a new US-China Board of Trade.
US Treasury Secretary Scott Bessent announced the department is rapidly establishing a strategic Bitcoin reserve and digital asset stockpile, fulfilling a directive from President Trump. The US currently holds over 328,000 BTC, valued at $215 billion. Bessent also expressed support for the CLARITY Act, aiming for Senate passage this summer.
US Treasury Secretary Scott Bessent confirmed the department is actively working to establish a strategic Bitcoin reserve and digital asset stockpile, fulfilling a 2025 executive order from President Trump. The US currently holds over 328,000 BTC.
A US Treasury official stated that Gulf partners are becoming more transparent regarding Iranian officials' bank accounts. The US has seized nearly $1 billion in Iranian cryptocurrency assets as part of economic pressure campaigns.
US Treasury yields climbed Wednesday, with the 10-year note at 4.491%, following a stronger-than-expected ADP jobs report and rising oil prices. May private payrolls increased by 122,000, exceeding economist forecasts.
US Treasury yields edged higher on Wednesday, with the 10-year note at 4.4768%, as traders await economic data and Middle East events impact market sentiment. Energy prices also ticked up.
The US Treasury has sanctioned four Iranian crypto exchanges, including Nobitex, as part of its "Economic Fury" campaign to cut Iran off from the financial system. The move aims to prevent the regime from developing nuclear weapons and evading sanctions.
The U.S. Treasury Department sanctioned Nobitex, Iran's largest crypto exchange, and three other platforms for allegedly facilitating terrorist financing and sanctions evasion. The Treasury claims these exchanges processed hundreds of millions of dollars in stablecoins to support the Iranian rial and fund illicit activities linked to the IRGC.
Gold prices saw a slight increase, supported by falling US Treasury yields and a ceasefire between Israel and Hezbollah. Investors await details on US-Iran peace talks amidst conflicting reports.
Tether, the issuer of USDT, now holds over $141 billion in US Treasuries, making it a top buyer of US debt. New legislation aims to regulate stablecoins, integrating them into the financial system but raising concerns about bank deposit drains and systemic risk.
