Extending home buyer's credit makes sense Nov 2, 2009
The government shelled out 190 billion over the past 12 months on Treasury securities sold to finance the national debt. Clearly, the country is closing fast on that proverbial day of reckoning. (Longview Daily News, WA)
Obama Bridge to Growth May Go Nowhere as Feldstein Warns of `Double Dip' Oct 30, 2009
The central bank yesterday completed its purchases of $300 billion of Treasury securities under a program that was aimed at lowering borrowing costs. FOMC Language. (Bloomberg -- US)
Inflation by stealth Oct 30, 2009
Therefore, the banks can lend money to the Fed and to the government via Treasury securities at an interest rate spread of some 3% to 4% without risk. Given these incentives, it makes no sense to lend to anybody else. (Asia Times Online)
The US deficit canary has rattled the cage Oct 27, 2009
Even the current deficits are being funded without difficulty because private-sector demand for loanable funds is depressed and surplus countries such as China remain willing buyers of US Treasury securities. But this will not always be the case and US politicians should be preparing for that day. (Sydney Morning Herald -- Business)
Treasuries, Little Changed, Snap Four-Day Drop as Stocks Extend Declines Oct 27, 2009
The only thing Im pretty comfortable with right now is U.S. Treasury securities and U.S. agency mortgage- backed securities. I think that those are overpriced so they are attractive shorts. (Bloomberg -- Germany)
Back-Door Taxes Hit Americans With Public Officials Financing in the Dark Oct 26, 2009
Apache County, Arizona, an area the size of Maryland where 70,000 people live among vast mesas dotted with shrubs, stuck to safe investments, such as U.S. Treasury securities and federal agency bonds. It just didnt know how to value them. (Bloomberg)
* The almighty US dollar escapes death once again Oct 25, 2009
What happened next, of course, was that the dollar strengthened sharply, as investors, desperate for liquidity, fled into US Treasury securities. Subsequently the dollar did decline. (Taipei Times, Taiwan -- Sports)
America and China: A wary respect Oct 23, 2009
China has become the world s biggest lender to America through its purchase of American Treasury securities, which in theory would allow it to wreck the American economy. These fears ignore the value-destroying (and, for China s leaders, politically hugely embarrassing) effect that a sell-off of American debt would have on China s dollar reserves. (The Economist)
Heritage Commerce Corp Reports Financial Results for Third Quarter 2009 Oct 23, 2009
6 million at September 30, 2009 consisted primarily of U.S. government sponsored entities' debt securities, short-term U.S. Treasury securities, mortgage-backed securities, collateralized mortgage obligations, and municipal bonds. "All of our mortgage-backed securities and collateralized mortgage obligations are issued by U.S. government sponsored entities. These high quality securities investments are managed to provide maximum liquidity," commented Mr. Kaczmarek. (Primezone Releases)
Dollar's fall fuels jump in oil prices Oct 23, 2009
The administration worries that a falling dollar could spook foreign investors, including the Chinese the largest foreign holder of Treasury securities into dumping their dollar-denominated assets. That could further hurt the dollar, push interest rates up and depress stock prices. (Honolulu Advertiser)
Dollar's fall renews fears of higher oil prices Oct 22, 2009
The administration worries that a falling dollar could spoke foreign investors, including the Chinese - the largest foreign holder of Treasury securities - into dumping their dollar-denominated assets. That could send the dollar into a tailspin, push interest rates up and send stock prices plunging. (The Star Online, Malaysia -- Business)
Bernanke warns against 'unsustainable' trade imbalances Oct 20, 2009
" onclick="Next();" src="/images/butt_next. "In many respects, that model has served Asia well, contributing to the rapid growth rates in the region over the past decade...However, too great a reliance on external demand can also pose problems.". (Channelnewsasia.com)
U.S. must live within its means: Geithner Oct 19, 2009
Developments over the past year, when many investors put their money into U.S. Treasury securities and the dollar rose at times, showed there was still a great deal of confidence in U.S. economic management. "The world wanted to be in Treasuries, in the safest and most liquid markets, and you saw the dollar rose when people were most concerned about the future of the world," he said. (Yahoo News -- Top Stories)
The road to prosperity Oct 19, 2009
This is how the Chinese government manipulates its currency: China first sterilizes the dollars that flood into China and then recycles them by buying U.S. Treasury securities, thereby undervaluing its currency by 30 percent or more. This subsidizes its exports and taxes U.S. exports to China. (San Francisco Chronicle -- Opinion)
Federal Deficit Hits $1.42 Trillion High Oct 18, 2009
Failure to curb runaway deficits could trigger a financial train wreck that would push interest rates and inflation higher, and send the dollar crashing if foreigners suddenly started dumping their holdings of Treasury securities. None of those problems are evident now as the worst recession since the 1930s has depressed borrowing by consumers and businesses, giving the government a break on the interest it paid this year on the record debt. (Time.com)
Foreign demand rises for US assets Oct 17, 2009
WASHINGTON: Foreign demand for long-term US financial assets rose in August even though China trimmed its holdings of Treasury securities ... 1 billion in August, but still remained the largest foreign holder of Treasury securities ... Japan, the second largest foreign holder, boosted its Treasury securities to $731 billion, from $724. (India Times)
Kadlec: Don't Give Up on Your 401(k) Yet Oct 13, 2009
Limit your Treasury securities to 10% of your bond holdings to hedge against a widely anticipated surge in government borrowing rates. Be opportunistic. (Time.com)
US Fed to tighten policy when outlook improves Oct 9, 2009
Among the unconventional steps taken to heal the economy was a so-called "quantitative easing" policy that included buying up long-term Treasury securities totaling 1. 75 trillion dollars to inject liquidity into the financial system. (Yahoo! Asia News)
Currency fiddlerswrong to cry foul Oct 9, 2009
The US government resisted the temptation to borrow too much and flood the world with too many dollars and Treasury securities, which provide liquidity the same as do dollars ... All this borrowing floods capital markets with Treasury securities, which provide the same liquidity as dollars, and pushes down exchange rates for the dollar against every major currency except the Chinese yuan. (Asia Times Online)
Fed boss Bernanke sees no rush to boost rates Oct 9, 2009
25 trillion in mortgage-backed securities, another $200 billion in mortgage-related debt, and $300 billion in Treasury securities. The initiatives have lowered interest rates for mortgages and other loans by funneling cash into credit markets. (USA Today -- Money)
Is the Dollar Going to Collapse? Oct 9, 2009
The Treasury securities market is the world s largest liquid market. Where else is China going to keep its foreign exchange reserves of $2. (Human Events Online)
US consumer cr00004000edit plunge continues Oct 8, 2009
Stocks were little changed after the report, and Treasury securities rose. The Standard & Poors 500 index was at 1055. (Sydney Morning Herald -- Business)
Robertson Invests for Huge Rate Hikes Oct 6, 2009
Julian Robertson, founder of Tiger Management, the former hedge fund firm, is protecting himself against the possibility of foreign buyers halting their purchases of U.S. Treasury securities. Robertson has acquired curve caps, which function much like leveraged put options on long-term government bonds, Bloomberg reports. (Newsmax)
Obama's permanent depression Oct 6, 2009
The rest of the world doesn't want an additional half-trillion dollars worth of Treasury securities each year; it doesn't want the Treasuries it now has to own ... The Fed is buying much more than Treasury securities, to be sure; during 2009, it bought a remarkable $700 billion of mortgage-backed securities in a fruitless attempt to stimulate the housing market ... During the third quarter, US commercial banks added Treasury securities to their balance sheets at a $350 billion annual rate. (Asia Times Online)
Chicken Feet and Chump Change Oct 6, 2009
In July 2009, China $800 billion of U.S. Treasury securities, up from $550 billion in July 2008, according to the Treasury Department. China, which has surpassed Japan as the largest foreign holder of U.S. Treasuries, accounts for 23 percent of total foreign holdings. (Slate)
Stiglitz Deflation Threat Pushes Bernanke to Keep Rates at Zero Next Year Oct 3, 2009
The difference in between nominal and inflation-protected Treasury securities maturing in one year is negative 0. 4 percent, suggesting investors expect deflation during the next 12 months. (Bloomberg)
Marching to world domination... Oct 2, 2009
With some $800 billion of U.S Treasury securities, China now has a hold over the American economy that would have seemed unthinkable a few decades ago. At one level, of course, all this is cause for celebration. (The Drudge Report)
Fed's Fisher: Be cautiously optimistic Oct 1, 2009
And my colleagues have come to accept the arguments I made regarding the necessity for the Fed to maintain its independence from the Treasury by not increasing its purchases of long-term Treasury securities. Most Read Stories. (Dallas Business Journal, TX)
Answer Desk: The shrinking dollar Sep 30, 2009
The biggest losers, though, are foreign investors and countries that bought U.S. Treasury securities or any other investment denominated in dollars. The falling dollar makes these investments worth less to them. (MSNBC -- Business)
Home prices fell less than forecast Sep 30, 2009
Stock index futures rose after the report and Treasury securities extended losses. The contract on the Standard s 500 index was up 0. (AZCentral -- Business)
Read the Cost of Freedom recap Sep 30, 2009
People fear the Federal Reserve will print the money, which it's already started to do by buying long term treasury securities. That leads to inflation which leads to a weak economy and this spending binge who would imagine George Bush looking like scrooge before the spending tsunami of Medicare, Medicaid and Social Security. (Fox News)
Age of Austerity Awaits G-20 as $9 Trillion Debt Haunts Rogoff, Greenspan Sep 25, 2009
Greenspan said that if there was a significant issuance of Treasury securities that increased the debt, there would be of necessity downward pressure on the dollar. . (Bloomberg -- Canada)
Fed May Need to Be Aggressive in Reversing Actions, Warsh Writes in WSJ Sep 25, 2009
The central bank said yesterday it will further shrink auctions of cash loans to banks and Treasury securities to bond dealers, reducing the combined initiatives to $100 billion by January from $450 billion. The Fed cited continued improvements in financial markets. (Bloomberg -- US)
China plays down trade friction with the US Sep 25, 2009
China is the largest foreign holder of US Treasury securities, with $800. 5 billion. (The Star Online, Malaysia -- Business)
Fed scales back 2 emergency lending programs Sep 25, 2009
Besides TAF, the Fed is cutting back on a program in which investment firms can temporarily swap risky securities for super-safe Treasury securities. The Fed says $50 billion worth of Treasury securities will be made available for October, down from the current $75 billion ... At the height of the financial crisis last fall, investors cut banks off and shifted money into safer Treasury securities. (MSNBC -- Business)
READ: The full Fed statement Sep 24, 2009
As previously announced, the Federal Reserve's purchases of $300 billion of Treasury securities will be completed by the end of October 2009. The Committee will continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets. (USA Today -- Money)
Optimistic Fed all but declares recession over Sep 24, 2009
Similarly, it agreed in August to extend its purchases of $300 billion in Treasury securities by a month until the end of October. With factories running at less than 70% capacity, the Fed said Wednesday it's not worried about rising prices, adding "inflation will remain subdued for some time.". (USA Today -- Money)
Stocks Slump in Post-FOMC Reversal Sep 24, 2009
25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt by the end of the year, as well as $300 billion of Treasury securities. The central bank said it will "gradually slow the pace of these purchases in order to promote a smooth transition in markets and anticipates that they will be executed by the end of the first quarter of 2010" -- an extension of its previous target of yearend 2009. (BusinessWeek)
Stocks tumble as Fed shrinks $timulus Sep 24, 2009
Stocks abruptly zigzagged yesterday, the greenback went off the cliff to a fresh one-year low and global investors in US Treasury securities were left facing even smaller returns on their bets ... Stocks abruptly zigzagged yesterday, the greenback went off the cliff to a fresh one-year low and global investors in US Treasury securities were left facing even smaller returns on their bets. (New York Post -- Business)
Fed Starts Meeting, Seen Noting Improving Economy Sep 23, 2009
The Fed already has announced it would taper off purchases in a separate program to buy up to $300 billion in longer-term U.S. Treasury securities by the middle of next month. "It is hard to rule out a somewhat slower-than-earlier envisioned pace at which the Fed meets its plans for mortgage-linked securities purchases," UBS Securities economist Maury Harris wrote in a research note. (ABC News -- Wire)
Putnam Seeks to Curb Retirement Fund Risk With Absolute-Return Strategy Sep 22, 2009
Putnams four absolute-return funds, introduced in January, are designed to generate returns ranging from 1 percentage point to 7 percentage points above U.S. Treasury securities. The funds are intended to moderate gains and losses, missing big payoffs when stocks rise while guarding against significant declines. (Bloomberg)
Obama seeks G-20 support to repair global economy Sep 22, 2009
China, the largest foreign owner of U.S. Treasury securities, has not been shy about voicing worries that the U.S. deficits will undermine the value of its $800 billion in Treasury bonds. The Chinese worry that the dollar, which has been sliding to its weakest levels in a year, will weaken further, making their holdings worth less. (Albany Times Union)
Fed likely to continue emergency aid programs Sep 21, 2009
At that meeting, policymakers said they would gradually slow the pace of a program to buy $300 billion in Treasury securities and shut it down at the end of October, a month later than previously scheduled. That program is designed to force rates down for mortgages and other consumer debt to get Americans to spend more. (MSNBC -- Business)
Vital Signs: A More Upbeat Fed? Sep 18, 2009
With its purchase of $300 billion in Treasury securities almost complete, the Fed has already said it will slow its rate of buying Treasuries in order to avoid disruption to the markets. Planned Fed purchases of $1. (BusinessWeek)
Investing for the recovery: Where to place your bets Sep 17, 2009
The Chinese, who are among the largest buyers of Treasury securities, are buying fewer Treasuries ... Junk bonds yield about 8% more than comparable Treasury securities ... And, he says, Treasury securities really aren't such a bad deal especially considering that the consumer price index, which measures inflation, has actually fallen 2. (USA Today -- Money)
China Imports Surging Transform Conflict Over Obama Tariffs Into Phony War Sep 17, 2009
American government bond yields are also little changed; China is the biggest holder of Treasury securities, with $800. 5 billion. (Bloomberg -- US)
Australian, New Zealand Dollars Rise to 2009 Highs After U.S. Retail Sales Sep 16, 2009
Former Federal Reserve Chairman said today that if there were a significant issuance of Treasury securities that increased the national debt, there would be of necessity downward pressure on the dollar. . (Bloomberg -- Australia & New Zealand)
Avoid confrontation in Asean Sep 15, 2009
By SUZALIE MOHAMAD, Fellow, Centre of Syariah, Law and Political Science, Ikim (The Star Online, Malaysia)
China calls for WTO talks on U.S. tire tariffs Sep 15, 2009
The United States, as the worlds largest economy, represents a huge export market for Chinese products while China is the largest holder of U.S. Treasury securities at a time when U.S. government debt is exploding as the recession and efforts to stabilize the banking system have sent the federal imbalance to more than $1 trillion in the current budget year. In a speech Monday in New York, Obama said he did not act to be provocative or to promote protectionism. (MSNBC -- International)
China’s poultry threat closely watched in Georgia Sep 15, 2009
In addition to being a huge source of imported goods, China is the largest holder of U.S. Treasury securities at a moment when the U.S. is borrowing heavily to fund a massive deficit. For some time, the U.S. trade deficit has been fueled by the influx of Chinese goods. (Atlanta Journal-Constitution -- Metro)
Gold a hedge and no more - yet Sep 15, 2009
Gold is far less liquid than US Treasury securities, costly to store and insure, and above all far more volatile in price ... It is commonplace that China would be happy to exchange its $2 trillion of US Treasury securities for the same amount of assets producing food, energy and raw materials. (Asia Times Online)
Delta Air may help JAL for stake, Tokyo access Sep 13, 2009
The Chinese, now the largest foreign owners of U.S. Treasury securities, have expressed concerns about runaway deficits. Administration officials have sought to address those concerns by insisting that once the recession is over and the financial system is stabilized, the administration will move to get the deficits under control. (Honolulu Advertiser)
Geithner Sees Lower Deficit, Mum on Taxes: CNBC Sep 12, 2009
The growing U.S. deficit has brought with it increasing questions about whether China - the largest foreign holder of U.S. Treasury securities - will continue to invest in them. In response to a question from the audience on that score, Geithner said he is "very confident" that China won't shy away from U.S. bonds, and noted that the U.S. domestic savings rate is rising, a change from years of excess spending. (SmartMoney)
Dow reaches highest point since October Sep 11, 2009
Falling interest rates on Treasury securities also fed demand for stocks ... Falling interest rates on Treasury securities also fed demand for stocks. (Athens Banner-Herald)
Stocks Extend Gains to 5 Days After Jobs Report Sep 11, 2009
Falling interest rates on Treasury securities also fed demand for stocks. The Dow Jones industrial average rose 80 points Thursday to its highest close since October. (ABC News -- Wire)
California Focus: Obama must include illegals in California calculations Sep 10, 2009
Deb wrote on Sep 8, 2009 10:34 PM:" Ah yes.. this means illegal immigration will have to be dealt with. All the politicians are going to have to face illegal immigration at some point - this is a good time to do it even though no one wants to do it.Lets see - force a Country responsible to be responsible for it's citizens. Just like the feds do with the States - (when the States don't do what the feds want they with hold monies, services what have you,) Send the country a bill - lets not stop at... (Hanford Sentinal, CA)
Dollar Hits Low for Year as Gold Tops $1,000 Sep 9, 2009
China is the largest holder of U.S. Treasury securities, and its buying of U.S. debt enables the government to fund its deficit spending. The 16-nation euro rose as high as $1. (ABC News -- Wire)
FuelCell Energy Reports Third Quarter 2009 Results and Latest Accomplishments Sep 9, 2009
Investments: U.S. treasury securities ... Investments: U.S. treasury securities. (Primezone Releases)
Keep your money working hard for you and family Sep 9, 2009
As a result, many people pulled money from their investments and stuck it in savings accounts - some of which paid around one percent interest - or Treasury securities, which may have paid even less. While the need to feel secure is understandable, it can also be detrimental to long-term financial goals, such as a comfortable retirement. (Rockport Pilot, TX)
America and Its Deficits: Are We Broke Yet? Sep 7, 2009
It does so by selling Treasury securities, ranging from short-term bills to 30-year bonds, on which it pays interest. This is like you or me borrowing to cover a shortfall or buy a house, with a crucial difference: countries are, in theory at least, immortal. (Time.com)
Fed's Fisher Says U.S. Likely to See Prolonged Period of `Sluggish' Growth Sep 4, 2009
Central bankers extended their $300 billion U.S. Treasury securities purchase program by a month in August and continue buying up to $1. 25 trillion in agency mortgage-backed securities and $200 billion in the debt of agencies including Fannie Mae and Freddie Mac. (Bloomberg -- US)
Fed Tries to Prepare Investors for End to Purchases of Mortgage Securities Sep 3, 2009
Treasury securities rose yesterday as the minutes said Fed officials expressed considerable uncertainty about the strength of recovery ... Central bankers extended their $300 billion U.S. Treasury securities purchase program by a month in August and continue buying up to $1. (Bloomberg -- US)
Productivity gains in 2Q due mainly to cost cuts Sep 3, 2009
With the recession showing signs of ending, Federal Reserve policymakers last month felt comfortable slowing the pace of its program to buy Treasury securities and putting off any major changes to other programs, according to minutes of their discussions released Wednesday. But a "poor" jobs market, evaporated wealth, hard-to-get credit and stagnant wages mean consumers are still facing "considerable headwinds," the minutes said. (Sioux City Journal)
China's Exports, Not Altruism, Fund U.S. Deficit Sep 2, 2009
1 trillion at the end of the second quarter, can invest in safe, dollar- denominated instruments, such as U.S. Treasury securities. Or it can sell the dollars in exchange for euros, lets say, which would depress the value of the dollar. (Bloomberg -- Columnists)
Japan throws the bums out Sep 2, 2009
If that is too abstract to focus on, then let's try the fact that Japan holds at any given time more than $700 billion in U.S. treasury securities, close after only China in that regard. In other words, Japan's health is America's health. (Pittsburgh Post-Gazette, PA)
