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Showing 11 - 20 of 273 results for "US Treasury"

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... "technical" default by the US in 1979 was due to a backlog in word processing causing a delay in the payment of maturing US Treasury bills. Further, he noted that the US debt ceiling has been raised 78 times since 1960, under both Republican and Democratic ...

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... its 33rd ETF later this week - the first of its kind to be listed on the ASX, the manager says. The VanEck 1-3 Month US Treasury Bond ETF (TBIL) will list on the ASX on Thursday morning. According to VanEck, TBIL is the first short-term US Treasury bond ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... outflows of client funds," said FINMA. "This was intensified by the upheavals in the US banking market in March 2023." US Treasury Secretary Janet Yellen and Federal Reserve chair Jerome Powell showed their support for the new entity, which is expected ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... support and for strengthening its liquidity position. "The deposit from those major banks along with comments from US Treasury Secretary Janet Yellen, about providing liquidity and capital support to regional US banks helped to stabilise California lenders," ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... companies confirm minimal exposures to the Silicon Valley Bank failure. Early this morning, a joint statement from US Treasury secretary Janet Yellen, Fed chair Jerome Powell and Federal Deposit Insurance chair Martin Gruenberg announced all insured ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
... Global X ETFs Australia has reduced the management fees of two ETFs. Specifically, the management fee for Global X US Treasury Bond ETF (Currency Hedged) has been lowered from 0.3% to 0.2% and the management fee for Global X USD High Yield Bond ETF (Currency ...

ETF Securities launches fixed income options

CHLOE WALKER  |  TUESDAY, 5 JUL 2022
ETF Securities is expanding its product range with the launch of a US Treasury Bond fund and a USD high-yield corporate bond fund. The new funds are the ETFS US Treasury Bond ETF and ETFS USD High Yield Bond ETF (both currency hedged). ETF Securities ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... most central banks (led by the Fed) still thinks that the recent surge in inflation is transitory. More recently, US treasury secretary Janet Yellen noted that while she expects inflation to ease in the second half of next year as supply chain bottlenecks ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... reported. Likewise, the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. Fortunately for US Treasury Secretary Janet Yellen, she was quick to walk back her talk at the "Future Economic Summit" suggesting that interest rates ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... America's public debt soared from US$9 trillion to US$21 trillion between 2010 and 2020. So much so that benchmark 10-year US Treasury bond yields have risen to a 14-month high of 1.78%. This suggests that Uncle Sam would be paying higher interest ...