Watch Treasury Secretary Janet Yellen communicate reside on the state of the US financial system

[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Minister of the Treasury Janet Yellen spoke on Thursday at a press conference on the state of the US economy. Yellen’s comments follow news that the US economy is contracting … Read more

US Treasury yields are decrease forward of key Fed choice

US Treasury yields fell on Tuesday as investors braced for an important policy decision from the Federal Reserve. Return on benchmark 10-year Treasury bond down 4 basis points to 2.781%, while yields above 30-year Treasury bond down 4 basis points to 3.01%. Yields move inversely to price and basis point by 0.01%. Much of this … Read more

The numbers present that the US financial system is a minimum of leaning in direction of a recession

Foreman Angel Gonzalez and Anthony Harris, of EZ Bel Construction, work on pipelines along Fredericksburg Road during extreme heat warnings in San Antonio, Texas, July 19, 2022. Lisa Krantz | Reuters The White House is sure that the economy is not in a recession, nor is it headed for one. Wall Street is pretty sure … Read more

Governor Sununu says he’ll ‘hearth’ Finance Minister Yellen

Governor Chris Sununu, the Republican governor of New Hampshire, said Sunday that if he were president, he would fire Treasury Secretary Janet Yellen for misleading the American people about inflation. “I will fire the secretary of the Treasury. I think she completely fooled America, because she didn’t want to receive bad news. But it’s part … Read more