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Fiscal debt drama has chill for markets
he following comments were overheard at a recent meeting of Debt-aholics Anonymous.
Treasury yields fall from nine-month highs as economy contracts
Treasury 10-year yields fell from the highest level in nine months after a government report showed the U.S. economy unexpectedly contracted in the fourth quarter.
Monetary policy drives bond market asymmetry
The Fed's action since 2008 is profoundly distorting U.S. fixed income markets.
Jack Lew nominated as next Treasury secretary
Jack Lew was nominated to be secretary of the Treasury on Thursday by President Barack Obama, to succeed Timothy Geithner.
'Bare-bones' resolution to budget crisis seen as most likely
Any fiscal-cliff resolution is being seen as nothing more than a “bare-bones” extension approved by the end-of-the-year deadline.
Stocks fall for fifth day as fiscal cliff looms
Stocks fell for a fifth day on Friday, the longest slump since September, as lawmakers prepared for talks to avoid the fiscal cliff of spending cuts and tax increases looming in January. Treasuries extended a weekly gain.
Stocks trim losses as House sets Sunday session over budget impasse
Stocks on Thursday pared most of their early declines as the House of Representatives was said to plan a session on Sunday, fueling optimism a budget deal will be reached.
GM buying back $5.5 billion of its shares as Treasury plans exit
General Motors announced Wednesday it will purchase $5.5 billion of its stock from the U.S. Treasury, moving the government a step closer to ending the controversial bailout of the auto industry.
Profiteers and politicians: Two groups that need to clean up their acts
As politicians in Washington consider a resolution to the Fiscal Cliff, they could learn important lessons from people's opinion of profiteering.
BlackRock Public-Private Investment Fund liquidated
BlackRock liquidated its BlackRock Public-Private Investment Fund, a portion of the U.S. Treasury's program of partnering with money managers as part of an overall strategy for economic recovery following the financial crisis.
FSOC approves money-fund recommendations for public comment
A panel of federal financial regulators did on Tuesday what the Securities and Exchange Commission failed to do over the summer – release for public comment a proposal to reform money market mutual funds.
Iwry discusses DC participation rates at P&I conference
J. Mark Iwry, deputy assistant Treasury secretary for retirement and health policy, says defined contribution plan executives can take several steps to improve their plans now — and raise participation rates — without more government regulation or more risk to the plans.
AllianceBernstein liquidates Public-Private Investment Program fund for Treasury
AllianceBernstein on Tuesday liquidated its Legacy Securities Fund, part of the U.S. Treasury's Public-Private Investment Program.
Investors should worry about sanction violators
Institutional investors should be concerned with the impact that repeated sanction violations by financial institutions might have on valuations and portfolios.
Treasury sets rates for corporate pension stabilization
The Treasury Department on Thursday issued pension funding rates that will allow sponsors of corporate defined benefit plans to reduce their pension contributions by as much as 20%.