Banking, Economy

“$1,163,090,000,000: Federal Spending Sets Record Through December”

“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…

Banking, Economy

“Ex-Fed boss Greenspan says ‘there is no barrier’ to Treasury yields falling below zero”

“There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero… Continue Reading…

Economy, Investing, Personal Finance

2-Year Treasury Notes Are More Profitable Than 10-year [For The Time Being]

“The yield on U.S. 30-year bond also turned heads on Wall Street during Wednesday’s session as it fell to an all-time low, dropping past its prior record notched in summer 2016. The two historic moves coming in tandem show that… Continue Reading…