April 29 -
Attention now turns to Wednesday when the Treasury will detail its borrowing plans and auction sizes of various maturities. The Federal Open Market Committee is expected to keep its benchmark rate unchanged on Wednesday at the end of its two-day meeting. Speculation is growing that the Federal Reserve will not pivot to easing rates until late this year, given the U.S. economic strength and inflation that is stuck above its target rate of 2%.
Treasury officials said on Monday the borrowing estimates assumed no change to the Fed's current $60 billion per month roll-off of Treasuries.
BIZ DBT ECI ECO GBR GEN GFIN GVD MCE PLCY POL RES RESF AMERS US NAMER MTPIX AUCT CEN FED MMT
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Treasury to borrow $243 billion in Q2, higher than January forecastUS Treasury to borrow $243 billion in Q2, higher than January forecast
Source: Investingcom - 🏆 450. / 53 Read more »
10-year Treasury yield rises slightly to start second quarterThe 10-year U.S. Treasury yield was flat on Monday morning, while the 2-year yield slipped slightly.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Treasury yields search for direction after the long weekendThe 10-year U.S. Treasury yield was flat on Monday morning, while the 2-year yield slipped slightly.
Source: CNBC - 🏆 12. / 72 Read more »
dYdX to set up legal entity in Cayman Islands, scrap existing treasurydYdX community members voted in favor of creating a Cayman Islands foundation company to support the protocol's operations and governance, a move that offers certain legal benefits to the protocol's contributors.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Trump’s Prerequisite for His Treasury Secretary: Being Filthy RichHedge fund managers John Paulson and Scott Bessent have reportedly “caught” the ex-president’s eye.
Source: VanityFair - 🏆 391. / 55 Read more »
10-year Treasury yield rises slightly as bets on June rate cuts cool downTreasury yields were lower on Tuesday after robust manufacturing data appeared to reduce the likelihood of the Federal Reserve cutting interest rates in June.
Source: NBCLA - 🏆 319. / 59 Read more »