Government securities

Treasury Secretary Steven Mnuchin, left, leaves a meeting with Senate Majority Leader Mitch McConnell of Ky. as negotiations continue on a coronavirus relief package on Capitol Hill in Washington, Tuesday, Aug. 4, 2020. (AP Photo/Andrew Harnik)
August 05, 2020 - 9:33 am
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of COVID-19 surge in parts of the country. Treasury officials said Wednesday that the...
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File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
August 03, 2020 - 3:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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FILE - In this April 16, 2020, file photo, a customer puts gold bars on basket for sell to a gold shop in Bangkok, Thailand. The price of gold surged more than $30 on Monday, July 27, 2020 to over $1,926 per ounce as investors step up buying of the precious metal often sought in times of uncertainty. Gold was trading at $1,926.20 by early afternoon in Asia, up 1.5%, after surging over the weekend. (AP Photo/Sakchai Lalit, File)
July 27, 2020 - 5:16 pm
Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Gold has been the best investment of the year so far. The price of the precious metal has climbed nearly 27% this year, more than triple the return of the largest U.S. bond funds and...
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FILE - In this May 14, 2015 file photo, construction workers chat in front of a billboard for state investment fund 1 Malaysia Development Berhad (1MDB) at the fund's flagship Tun Razak Exchange development in Kuala Lumpur, Malaysia. Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund. (AP Photo/Joshua Paul, File)
July 24, 2020 - 9:05 am
KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it has reached a $3.9 billion settlement with Goldman Sachs in exchange for dropping criminal charges against the bank over bond sales that raised money for the 1MDB sovereign wealth fund, which was looted of billions of dollars in a...
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FILE - In this Feb. 13, 2020 file photo, President Donald Trump's nominee to the Federal Reserve, Judy Shelton, appears before the Senate Banking Committee for a confirmation hearing, on Capitol Hill in Washington. In a shift, the Senate Banking Committee is likely to back President Donald Trump's unconventional nomination of Shelton for the Federal Reserve's Board of Governors in a party-line vote Tuesday, July 21. (AP Photo/J. Scott Applewhite, File)
July 21, 2020 - 3:59 pm
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors on a party-line vote, overcoming widespread questions about her qualifications for the Fed. Committee Chairman Sen. Mike Crapo, Republican of...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
July 21, 2020 - 11:00 am
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the virus outbreak. Pushed by Germany's Angela Merkel and France's Emmanuel...
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July 16, 2020 - 3:07 pm
LOS ANGELES (AP) — U.S. homeowners are seizing on the lowest average mortgage rates on record to refinance their mortgages. Americans refinanced nearly 2 million home loans from January through April, more than double the same four-month stretch in 2019, according to real estate data company...
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Builders work on ascaffolding in London, Wednesday, June 17, 2020. After the easing of lockdown during the COVID-19 pandemic, most construction companies have restarted their business but official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its lockdown. (AP Photo/Frank Augstein)
June 18, 2020 - 1:55 pm
LONDON (AP) — The Bank of England unveiled another big stimulus package for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now believes will be “less severe” than it feared last month. In a statement Thursday, the bank’s policy making panel said it was...
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This May 22, 2020 photo shows the Federal Reserve building in Washington. The Federal Reserve said Monday, June 15, 2020 that it will begin purchasing corporate bonds as part of a previously-announced program to ensure companies can borrow through the bond market during the pandemic The program will purchase already-issued bonds on the open market and will seek to build a “broad and diversified” portfolio that will mimic a bond-market index. (AP Photo/Patrick Semansky)
June 15, 2020 - 8:35 pm
WASHINGTON (AP) — The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a previously announced plan to ensure companies can borrow through the bond market during the pandemic. The program will purchase existing bonds on the open market, as opposed to newly issued...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index and New York Dow index at a securities firm in Tokyo Friday, June 12, 2020. Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S. (AP Photo/Eugene Hoshiko)
June 11, 2020 - 11:18 pm
Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S. Fear that a so-called “second wave,” is already coming has punctured bubbling optimism that a quick economic recovery was already underway...
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