The U.S. defaulting on its financial obligations would have catastrophic and worldwide consequences. Some financial experts have even predicted that it could trigger a worldwide downturn equal to the ...
The new debt management department — now formally listed — will oversee the design and implementation of government debt ...
We’re on course to spend $1 trillion just on interest payments on the national debt this year, exceeding our spending on our ...
The U.S. Treasury is widely expected this week to announce its intention to keep note and bond auction sizes unchanged over ...
The Indian rupee inched down on Thursday to a nearly eight-week low on the back of higher U.S. bond yields and a firmer ...
Well, that was quick -- 71 days to be exact. That’s how long it took for the federal government to add another trillion ...
From the White House to Congress, lawmakers are hashing it out on how to solve the nation's massive debt crisis -- and the negotiations, shall we say, are less than pretty. President Obama is set to ...
The U.S. government’s gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high ...
The United States is grappling with a staggering national debt that has surged to $38 trillion by late 2024. This alarming ...
The national government’s debt service surged to more than P300 billion in September, driven by an increase in domestic ...
One of these remedies was the Standing Repo Facility (SRF). The SRF allows eligible financial institutions to borrow cash overnight from the Fed by pledging Treasury securities as collateral at a ...
Finance ministers and central bankers, who recently gathered in Washington for the annual meetings of the International ...