U.S. Treasury
The Latest
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U.S. Treasury to Surpass Expectations in Upcoming Debt Issuance, Sending Bond Yields Skyrocketing
On Wednesday, the U.S. Treasury Department announced its quarterly refinancing plan, increasing the auction size of long-term bonds for the first time in two and a half years. The newly disclosed refinancing bond issuance total comes to $1.03 trillion, exceeding the $960 billion from the previous quarter in May and surpassing the $1.02 trillion forecasted earlier this week. 
On Wednesday, the U.S. Treasury Department announced its quarterly refinancing plan, increasing the auction size of long-term bonds for the first time in two and a half years. The newly disclosed refinancing bond issuance total comes to $1.03 trillion, exceeding the $960 billion from the previous quarter in May and surpassing the $1.02 trillion forecasted earlier this week. -
U.S. Stocks Close Lower Amid Notched Treasury Yields
The benchmark 10-year Treasury yield reached a high of 4.239% on Thursday, trading at levels not seen since 2008. 
The benchmark 10-year Treasury yield reached a high of 4.239% on Thursday, trading at levels not seen since 2008. -
U.S. Tax Law Language Expands To Include NFTs
The phrasing in newly disclosed draft instructions for the 2022 tax year has been changed from "virtual currency" to broader "digital assets." 
The phrasing in newly disclosed draft instructions for the 2022 tax year has been changed from "virtual currency" to broader "digital assets." -
Asia Stocks Recover Slightly After U.S. Treasury Yields Drop
Asian stocks were mixed on early Friday morning as some indexes and markets reacted to the historical drop in U.S. Treasury yields. 
Asian stocks were mixed on early Friday morning as some indexes and markets reacted to the historical drop in U.S. Treasury yields.
