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HomeUS Treasury

US Treasury

China
Finance

China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?

July 6, 2023 Mariel Alumit

Every country should pay its sovereign debt. Default, we are told, is not an option. But has anyone told China? The United States pays interest on approximately $850 billion in debt held by the People’s […]

Aljazeera International

US Treasury says government may default on debt as early as June

May 1, 2023 Mariel Alumit

United States Treasury Secretary Janet Yellen has sent a letter to Republican House Speaker Kevin McCarthy warning him that the federal government could hit its spending limit by June 1 if Congress does not raise […]

Treasury
Finance

5Y Treasury Auction Sees Solid Demand, Slight Tail

December 28, 2022 Mariel Alumit

One day after a stellar 2Y auction stopped through by the widest margin since 2016, moments ago the Treasury sold $43 billion in 5Y paper in a solid if modestly tailing 5Y auction. The high […]

US Treasury
ET Renewable

US Treasury launches industry outreach on clean energy tax credits

October 27, 2022 Mariel Alumit

US Treasury Secretary Janet Yellen met with 17 industry groups representing more than 1,000 firms in the clean energy supply chain, more than 2,000 utilities and more than 1 million American workers, a Treasury official […]

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