US Treasury

According to Bank of America Corp. strategist Michael Hartnett, a failure in the US Treasury’s plan to tame long-term bond yields would potentially pressure the dollar and spur short bets against riskier assets. This warning specifically addresses market conditions expected in the lead-up to November midterm elections.

Economist Modupe Adegbembo of Jefferies and Marina Zavolock of Morgan Stanley discussed the impact of a major announcement by US Treasury Secretary Scott Bessent. The announcement stated that the department would at least double the size of its long-dated bond buybacks.

According to Goldman Sachs Group Inc., cooling inflation is identified as the most compelling way to lower US bond yields. This finding suggests that remaining inflation-slowing trends are preferable for reducing borrowing costs compared to other efforts by the US Treasury.

The Trump administration plans to impose an unprecedented level of economic warfare and isolation on Iran, aiming to end its nuclear program and reopen the Strait of Hormuz. This effort follows decades of sanctions and is being promoted by officials who are strategizing for a capitulation from Tehran. The Treasury Secretary warned that the U.S. government would put full might against nations and companies conducting business with Iran, including major buyers like China and India.

The Trump administration is planning an "economic D-Day" through unprecedented sanctions aimed at forcing Iran to abandon its nuclear program and fully reopen the Strait of Hormuz. Treasury Secretary Scott Bessent threatened secondary sanctions against major buyers like China and India who conduct business with Iran. Analysts warn that this strategy is taking place in "uncharted waters."

A man from Dallas is accused of executing a large fraud scheme involving U.S. Treasury checks. The crime involved stealing the identities of multiple business owners to cash checks worth over $15 million.

The US Treasury announced plans to increase buybacks of longer-dated debt, causing a cool-down in the Treasury rally and bringing US public debt to $40 trillion for the first time. Separately, President Trump threatened an “economic D-Day” against Iran, targeting its trading partners. Sophie Huynh discussed the market impact of these buyback plans.

JPMorgan warns that the US Treasury's move to double bond buybacks, while lowering yields initially, fails to address the cause of America's ballooning debt pile. The bank cautions that without real fiscal consolidation, investors could lose confidence in the government and push borrowing costs even higher. This warning comes amid US national debt topping $40 trillion.

Shares across Asia are mostly higher after the US Treasury expanded its debt buybacks. South Korea's benchmark Kospi specifically rebounded by more than 6%.

Copper maintained a price above $14,000 per ton. This occurred after the US Treasury conducted a surprise intervention designed to stabilize and rein in borrowing costs.

Japan’s 20-year government bond auction saw stronger demand compared to its 12-month average. This positive outcome was fueled by elevated yields that attracted investors and received support from US Treasury Secretary Scott Bessent's efforts to manage borrowing costs.

The yield on the 30-year U.S. Treasury has surged to its highest level in 19 years. Some strategists are predicting that there is still scope for this financial metric to go even higher.

The Congressional Budget Office reported that the government's near-$40 trillion national debt now costs over $3 billion a day in interest service payments, alongside deficits of $1.8 trillion in the first 10 months of the fiscal year. Separately, the U.S. Treasury confirmed efforts to stabilize the Japanese yen, which is important because Japan is a top holder of U.S. debt.

Right-leaning legal activists, supported by the Trump administration and Elon Musk’s artificial intelligence company, are targeting citizen suits—the right for private groups to sue over major law violations. These opponents argue that Congress improperly delegated power that should remain with federal agencies. Environmentalists warn that losing this tool would be devastating, as it has historically been used to extract fines and enforce compliance.

Scott Bessent, a former hedge fund manager, is using his experience to stabilize Japan’s yen through U.S. Treasury interventions, citing the yen’s undervaluation. His past work at Soros Fund Management during currency crises and his deep familiarity with Japan underpin his approach.

US Treasury Secretary Scott Bessent stated that a deal with Iran to reopen the Strait of Hormuz could occur 'today or tomorrow,' which he believes would stabilize energy prices. He noted that hundreds of ships are awaiting passage and expressed optimism about progress in the conflict.

Oil prices fell as US Treasury secretary Bessent indicated an imminent deal to reopen the Strait of Hormuz. Brent crude dropped 4% following the announcement.

Chevron's Venezuelan joint ventures increased oil production to 280,000 barrels per day in the first half of 2026, a 15% rise from the prior six months. US Treasury licenses allowed Chevron and other companies like BP, Eni, Repsol, and Shell to re-engage with Venezuela's oil sector.

Chevron's Venezuelan oil production has increased to 280,000 barrels a day under a US Treasury licensing framework, with Donald Trump's support enabling BP, Eni, Shell, and Repsol to restart operations. The development marks a return of US major oil companies to Venezuela.

Japan has alternative tools to defend the yen without liquidating its $1.1 trillion US Treasury portfolio as short-term debt holdings run low, according to Citigroup Inc.

Treasury Secretary Scott Bessent aims to defend Japan's yen without selling Treasurys in a sensitive U.S. bond market. The Federal Reserve may assist in this effort.

The US Treasury and Japan are collaborating to address yen depreciation, with Treasury Secretary Scott Bessent and Finance Minister Satsuki Katayama engaging in a strategic effort to counter market forces. The joint intervention raises questions about which nation holds greater influence in shaping the outcome.

US and Japan committed to further intervention to support the yen and prevent economic spillover. Japanese and American leaders described the action as a sign of alliance and friendship, while critics highlighted financial risks from the trade structure.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts on July 4, providing eligible children born between 2025 and 2028 with a $1,000 federal deposit into tax-advantaged investment accounts. Parents can contribute up to $5,000 annually per child, with employer contributions capped at $2,500, and tax service providers assist in initiating account setup through Form 4547.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts, a federal investment program for children born between 2025 and 2028, offering a $1,000 initial deposit. Parents can contribute up to $5,000 annually, and a mobile app is available to track investments.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts—a tax-advantaged investment program providing eligible children born between 2025 and 2028 with an initial $1,000 federal deposit. Parents can contribute up to $5,000 annually, and employer contributions are capped at $2,500. A mobile app is available for tracking investments.

Treasury Secretary Scott Bessent’s team has rejected Wall Street’s recommendations to adjust guidance on U.S. debt sales, with dealers anticipating no changes in issuance levels for several quarters. The current strategy relies on short-term bills to manage borrowing costs, despite risks from potential Federal Reserve rate hikes and rising long-term bond yields.

U.S. markets were poised to open with gains and oil prices fell sharply after President Donald Trump announced he would order U.S. forces to avoid attacks on Iran and hinted at a potential deal. The U.S. and Japan confirmed actions to prop up the yen against the dollar, which had reached 40-year highs.

The US and Japan jointly intervened to support the Japanese yen, which had fallen to a 40-year low, causing it to surge to 155.23 per US dollar. The intervention involved US Treasury Secretary Scott Bessent, as indicated by a Reuters photograph of his to-do list.

World stocks were mixed as the U.S. and Japan intervened to support the yen against the dollar, while oil prices fell following President Donald Trump's comments on potential U.S.-Iran de-escalation. The yen's rise impacted global markets, with Japanese and Asian indices showing varied performance.

Asian stocks were mixed as the U.S. and Japan intervened to strengthen the yen against the dollar, while oil prices fell after President Trump announced a potential Middle East peace deal. The dollar dropped to 156.44 yen, affecting Japanese companies and global markets, with key indices like the Nikkei 225 and Kospi showing losses.

The US Treasury may be using euros instead of dollars to purchase yen in an effort to avoid weakening the dollar and undermining its strong greenback policy, according to strategists.

Japan's finance ministry confirmed a coordinated yen-buying intervention with the U.S. Treasury. Both nations signaled their readiness for further interventions if needed.

The US Treasury has limited liquid resources to support further coordinated currency intervention with Japan, though its capacity could increase if officials use extraordinary measures, according to JPMorgan Chase & Co.

Pakistan has requested a $10 billion Exchange Stabilisation Support Facility from the US Treasury to address external financing pressures, including foreign exchange reserves and debt obligations. The US Treasury’s Exchange Stabilisation Fund has historically supported economies like Mexico and Argentina. An IMF economist noted the facility could provide liquidity but emphasized the need for structural reforms.

US Treasury secretary Scott Bessent's notepad revealed a plan for the US to buy $5bn-$10bn in Japanese yen during a Camp David cabinet meeting. The handwritten 'to do' list was photographed by Reuters, sparking questions about US financial strategies.

US Treasury Secretary Scott Bessent's notepad revealed a plan to buy $5bn-$10bn in Japanese yen during a Camp David cabinet meeting. The note, photographed by Reuters, listed 'Buy Japanese Yen (JPY) $5-10 bil' as part of a 'To Do' list.

The US Treasury sanctioned two Iranian firms, including Hormuz Safe, for accepting Bitcoin and other digital assets. OFAC, a Treasury agency, imposed the sanctions.

The United States imposed new sanctions targeting networks supporting Iran's Mahan Air, an airline accused of transporting Revolutionary Guards personnel, weapons, and drones. The U.S. Treasury designated six entities and individuals in China, India, Russia, and Iran linked to the airline.

The United States imposed sanctions on support networks for Iran's Mahan Air, targeting six entities and individuals in China, India, Russia, and Iran. These sanctions aim to disrupt networks assisting the airline, which is accused of transporting Iran's Revolutionary Guards personnel and weapons.