(Bloomberg) — For the first time in nearly two decades, investors can earn more than 5% on some of the safest debt securities in the world. That’s competitive with riskier assets like the S&...
Tag: Treasury
‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says
“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price...
Lido DAO’s governance token surges on Treasury offering; know details
Lido DAO’s governance token, LDO, has seen a significant increase in value in response to the Treasury proposal for cryptocurrency transactions. The Treasury proposal has generated a lot of discussio...
COTI declares minting of gCOTI, the Treasury governance token
The first CMD token and the gCOTI, which serves as COTI’s Treasury governance token, were both created and minted on February 14, 2023. On top of COTI’s MultiDAG 2.0, the CMD token has been duly issue...
Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio
According to a story published on February 10 by The Wall Street Journal, stablecoin issuer Tether Holdings has contracted the services of a prominent Wall Street business in order to manage its portf...
‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury Bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%
Cash isn’t just the dollar bills you put in your pocket — in this market, it might seem to be a patch of steady ground. There are multiple options: People can put their money in high-yield savings acc...
Deeply inverted Treasury curve narrowly misses reaching 41-year milestone
A bond-market gauge of impending U.S. recessions fell just shy of reaching its most negative reading since October 1981, when interest rates were 19% under Paul Volcker’s Federal Reserve. That gauge, ...
Treasury Yield-Curve Inversion Reaches Deepest Level Since 1980s
(Bloomberg) — US government bond investors pushed two-year yields above 10-year yields by the widest margin since the early 1980s Thursday, a sign of flagging confidence in the economy’s ability...
The Bank of England and the United Kingdom’s Treasury are working on a digital asset
The Bank of England (BoE) and the Treasury of the United Kingdom are moving on with plans to establish a digital currency that might “offer a new method to pay” without necessarily replaci...
UK is ‘likely’ to need digital currency, says BoE and Treasury: Report
The Bank of England (BoE) and His Majesty’s Treasury believe the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Daily Telegraph report on Feb...
U.K. Central Bank and Treasury Believe Digital Pound is Needed
According to a story that was published by the Daily Telegraph on February 4, the Bank of England (BoE) and His Majesty’s Treasury feel that it is possible that the United Kingdom will need to d...
Bank of England and UK Treasury Supports ‘Digital Pound’ Project, Says UK is Likely To Need CBDC
The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.” The discourse of a Br...
Treasury yields jump after surge in U.S. job growth
Treasury yields jumped Friday, erasing what had been weekly declines for 2- and 10-year notes, after a much stronger-than-expected U.S. January jobs report clouded investor expectations for the Federa...
How Aave’s treasury will help it rise above MakerDAO and Uniswap
Aave’s treasury funds saw significant growth. Other competitors also witnessed a surge in their treasury funds. Decentralized lending protocol Aave [AAVE] has seen a growth in its treasury funds, acco...
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the trou...
US Treasury Sanctions Hit Russian Arms Dealer’s Crypto Wallets
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed full blocking sanctions on 22 individuals and entities across several countries, including Russia and Cyprus, ...
Stablecoins Are No Longer Attractive as the Gap between 3pool’s Apy and Treasury Yields Broadens
The dissimilarity of the returns by the accumulation of stablecoins on decentralized exchange Curve’s 3pool and yield for the government of the United States relationships carries on to broaden, point...
U.K. Treasury Proposes Ambitious Crypto Regulations
His Majesty’s Treasury has finally released a long-awaited consultation document in preparation for the imminent regulation of cryptocurrencies in the United Kingdom. The comprehensive paper, wh...
UK Treasury outlines plans for regulating crypto exchanges and lenders
The UK Treasury published a consultation paper, which sets out plans to regulate crypto trading platforms and lenders as part of its financial services roadmap. The consultation is open for com...
The Rise And Fall Of Treasury Yields — What They Signal For The Economy, Inflation And Your Portfolio
Corbis via Getty Images Key takeaways The 10-year Treasury yield is a financial benchmark used as a comparison tool for things like mortgage rates. In November 2022, mortgage interest rates came down ...
Treasury’s $1 Trillion Coin And The Fed’s Magic Asset
Treasury Secretary Janet Yellen speaks during a House Financial Services Committee hearing, … [+] Thursday, Sept. 30, 2021 on Capitol Hill in Washington. Yellen said Tuesday, Oct. 5, 2021 that O...
10-Year Treasury Yield Drops In Response To Falling Prices
AFP via Getty Images Key takeaways The latest PPI numbers confirmed that inflation is on a downward trend and that, barring any significant world events that may influence American markets, we might e...
UK gov’t is hiring a central bank digital currency lead for Treasury team
HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U....
Sushi To Roll Unclaimed Governance Tokens Into DAO Treasury
Community members at the DAO behind the SushiSwap decentralized exchange have voted in favor of retrieving 8.2 million SUSHI tokens (approximately $11 million) originally offered as rewards to early l...
SushiSwap To Redirect 100% Trading Fees To Treasury
While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX...
SushiSwap receives approval to clawback 6.2M SUSHI to Treasury
Members of the Sushi DAO have passed a proposal seeking to retrieve about 6.2 million SUSHI tokens to the Treasury, from early liquidity providers who are yet to claim their rewards. Back in 2020 when...
SushiSwap to Redirect Trading Fees to its treasury
The decentralised exchange (DEX) SushiSwap will, in the near future, reroute one hundred percent of the trading fees that are collected on the platform to its treasury in order to pay for ongoing oper...
Sushi DAO implements proposal to direct all trading fees to treasury
Sushi DAO is set to implement a governance action that will see all fees generated by the SushiSwap decentralized exchange diverted to the DAO’s treasury, following the results of its latest vote on M...
Treasury Taps Retirement Funds to Avoid Breaching US Debt Limit
(Bloomberg) — The Treasury Department is beginning the use of special measures to avoid a US payments default, after the federal debt limit was reached Thursday. Most Read from Bloomberg The dep...
Market strategist David Rosenberg: U.S. stocks will drop 30%. Wait to buy them.
David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the U.S. central bank’s effort to f...