Tag Archives: Treasury

Results From the TIPS Auction: How Can We Keep Borrowing So Much Money?

July 6, 2009 – 11:53 am

The big news in finance this week is from the US Treasury, which continues to borrow huge sums to finance its ongoing fiscal deficits, and today’s TIPS auction.

By Francis Cianfrocca | Posted in Blogs, Markets & Policy | Also tagged , , , , , | Comments

Bond Market Distress

May 28, 2009 – 9:05 am

I’ve been telling people privately to watch the bond market for about a week now. Since last Thursday, we’ve seen a very sharp, fast drop in prices for medium and long-term US Treasury securities, which (in consequence) increases yields. The yield of the 10-year note, which is a critical indicator for mortgage rates, has leapt up above 3.70%, from below 3% just a few weeks ago, and from 2% at the beginning of the year. The yield curve is now steeper than it’s been in decades.

By Francis Cianfrocca | Posted in Blogs, Market, Markets & Policy, Politics | Also tagged , , , , | Comments

Tim Geithner’s Plan and the Sideline Stash

April 16, 2009 – 7:20 am

A trillion dollars of capital is actually a gargantuan amount, able to drive a lot of economic activity. And I have a gut feeling that something approaching that amount is waiting on the sidelines for an opportunity to go back to work.

By Francis Cianfrocca | Posted in Features, Market | Also tagged , , , , , | Comments

The Indispensable Mr. Geithner

January 27, 2009 – 8:01 am

The vote on the new Treasury Secretary was closer than was expected when Geithner was first nominated. Rapturous approval greeted that nomination immediately after it was made, as we were assured by the new administration and its allies that Tim Geithner was one of the few people in the country–if not the only one–who possessed the ability to pull the economy back from the brink of utter and complete catastrophe.

By Pejman Yousefzadeh | Posted in Features, Market | Also tagged , | Comments
- March 20, 2010 -

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