Treasury

Making good on its promise to crack down on suppliers of deadly opioids, the Trump administration on Aug. 21 took steps to designate three Chinese drug manufacturing businessmen and their companies as violators of the Foreign Narcotics Kingpin Designation Act. The Treasury Department's Office of...

Investors looking for safety in the 10-year Treasury may want to reconsider their investment thesis and buy two major Wall Street bank stocks instead, according to Mark Tepper, the president and CEO of the wealth management firm Strategic Wealth Partners. What Happened The U.S. Treasury yield...

Steven Mnuchin, President-elect Donald Trump’s nominee for Treasury Secretary, said on Wednesday that privatizing Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) was one of his top 10 priorities. The announcement generated a rally in...

The much-anticipated FOMC meeting is over, and the Federal Reserve has decided to keep interest rated untouched. The Fed cited a few reasons behind the decision, including the sluggishness in the global economy and the low inflation in the US. Interestingly, one Fed member believes...

Cate Long was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Trading municipal bond funds during a massive market-wide sell-off like the one seen on Monday may not be a top priority for most investors. However, Cate Long, a municipal...

With this week's note auctions coming on the heels of so many statements by Federal Reserve Board Members, the market is showing investors what the bond landscape will look like once the Fed begins to tighten next year. The results so far suggest that the very short end and the long end of the...

When determining plays of equities, commodities and the market as a whole, it is important to receive others' input. The Benzinga weekly survey aggregates trader expectations to give a sense of market sentiment. Give your input on this week's events and learn what others are...

So, if you were a "macro" guy/gal, you were likely tempted to come into 2014 short bonds, because, hey, everybody knows yields are going up. The Fed is tapering, the economy is improving, and this trade is a no-brainer, right? But for those of you keeping score at home, the Ultrashort 20+...

Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...

The yield on the 10-year U.S. Treasury bond hit 3.0 percent for the second time this year as investors prepared for more tapering from the Federal Reserve. The yield is the highest since September and on the verge of the highest level since 2011. There is an inverse relationship between...

Next week, economic data rises to the fore as key reports from around the globe come into focus. Domestically, industrial production, retail sales data, and the Reuters/University of Michigan Consumer Sentiment Survey will be in focus. Key Earnings In the coming week, the earnings calendar...

There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Pattern Traders Ltd. Pattern Traders Ltd. (@JEliasof) tweeted the statement from...

The United States Dollar dominates world transactions. Following typical fashion, China, the main contender for superpower status, has initiated a series of policies to take on the dollar  as the primary world currency. Historically, China has not allowed their currency to be used on the...

Futures Edge Lower Despite Asian Gains, Oil Retreats From Highs U.S. equity futures edged slightly lower in early pre-market trade following gains from Asia as energy futures retreated from range highs touched Tuesday. Also, weak economic data from Europe as well as post-Cyprus fears weighed on...