U.S. Treasury

The U.S. Treasury is going to sell $66 billion worth of debt this week. The government will auction $32 billion worth of 3 -year notes tomorrow, $21 billion of 10-year debt on Wednesday and $13 billion in 30 year debt on Thursday. Equities are lower 20 minutes into trading, and yields are...

This is your Benzinga news summary and trader's outlook for Friday, June 3, 2011, covering headlines from last night and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are showing losses after disappointing employment data was announced at 8:30 a.m. ET. Non-...

I watched "Too Big to Fail" last night, and I have to say that the HBO movie was much better than expected, and it gives a mostly accurate depiction of what happened during the 2008 financial crisis. The movie, taken from Andrew Ross Sorkin's best-seller, was able to depict the major players...

This is your morning news summary from Benzinga for Tuesday, May 24th, 2011, covering overnight and pre-market news affecting today's trading session. Stock index futures are pointing to a slightly higher open today after a negative session to the start of the week. On Monday, euro zone debt...

Greece is being pressured it sell some of its assets and deepen spending cuts in order to restructure the bailout package it received last year. The U.S. government has hit its debt ceiling today, and will try to avoid a default, which is set for 11 weeks from now. American International...

South Korean police raided Google Inc's (NASDAQ: GOOG) Seoul office today, as the police suspect that the company's mobile advertising unit AdMob had illegally collected location data without consent, South Korean police said. Conservatives won a majority of the seats in Canadian parliament (NYSE...

The U.S. Treasury concluded its auction of 3 year debt, selling $32 billion at a yield of 1.28%. The bid to cover on the auction was significantly higher than normal, coming in at 3.25 to 1, versus the 10 auction average of 3.05 to 1. This is the highest bid to cover since November, when the...

US Treasury to Auction $40B Worth in 4 Week Bills

The U.S. Treasury just concluded its $32 billion auction of 3 year Treasury debt, and Rick Santelli gave it a B=< and said it could have ve almost been an A-, as it was a strong auction. The bid to cover was 3.22, which is above the 3.14 bid to cover average we've seen over the past ten...

The U.S. Treasury Department announced today it will sell $66 billion in debt next week. $32 billion will be in 3 year notes, $21 billion in 10 year notes and $13 billion in 30 year bonds.

U.S. Treasury securities and certificates of deposit have been able to provide a large part of post-retirement income in the past. With yields near historic lows, those days seem to be numbered. Barron's reports, "The yield on a standard laddered one- to 10-year Treasury-bond portfolio is a skimpy...

In a response to a suggestion that Washington was pursuing a policy of weakening the dollar, U.S. Treasury Secretary Timothy Geithner told CNBC that the United States would never deliberately weaken its currency to grow its economy, CNBC reports. The issue began when former Federal Reserve Chairman...

The Treasury Department announced it will auction $72 billion worth of debt next week, as it begins its quarterly refunding auctions. The department will auction $32 billion in 3-year notes, $24 billion in 10-year notes, and $16 billion in 30-year bonds.

Investors continue to gobble up government debt, as the bid to cover on today's 2 yr auction was almost 4 to 1, yielding the lowest interest rate on record. Investors bid $3.78 for every $1 the U.S. Treasury sold today, yielding 0.441%, as investors seek safety. This is especially noteworthy, as...