Latest Government securities News

Asian markets mixed after Wall St falls on Turkey jitters

Aug. 14, 2018 12:25 AM EDT

BEIJING (AP) — Most Asian stock markets were mixed Tuesday after Wall Street declined as Turkey's central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. KEEPING SCORE: The Shanghai Composite Index fell 0.5 percent to 2,771.81 and Hong Kong's Hang Seng lost...

US bill rates flat to higher; 3-month highest since 2008

Aug. 13, 2018 6:46 PM EDT

WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged to higher in Monday's auction, with three-month bills remaining at their highest level in more than a decade. The Treasury Department auctioned $51 billion in three-month bills at a discount rate of 2.030 percent, up from 2.010...

Markets Right Now: Stocks end lower on Wall Street

Aug. 13, 2018 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks continued to fall as Turkey's central bank was unable to stop another plunge in the nation's currency. Banks and energy companies fell the most on Wall Street Monday. JPMorgan Chase gave up 1.6 percent and...

Turkish turmoil knocks US and European stocks lower

Aug. 10, 2018 4:53 PM EDT

NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its financial...

Markets Right Now: Turkish turmoil sends US stocks lower

Aug. 10, 2018 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks in the U.S. and Europe skidded as investors worried about the financial stability of Turkey and how it might affect the global financial system. Investors sold stocks and bought U.S. dollars and government...

US budget deficit totals $76.9 billion in July

Aug. 10, 2018 2:52 PM EDT

WASHINGTON (AP) — The federal government racked up a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years. The Treasury Department reported Friday that in the first 10 months of this budget year, the...

Markets Right Now: Stocks end mostly lower on Wall Street

Aug. 9, 2018 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market. Bank of New York Mellon lost 1.6 percent Thursday, and Chevron gave up 1.1 percent....

Markets Right Now: S&P 500 index marks its 4th straight gain

Aug. 7, 2018 4:10 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Solid gains in technology, industrial and banking stocks are sending U.S. indexes higher again on Wall Street. Google's parent company, Alphabet, rose 1.5 percent on Tuesday. The gains helped push the S&P 500...

Treasury bill rates continue rise; highest level since 2008

Aug. 6, 2018 8:29 PM EDT

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction, their climb keeping them at their highest levels in more than a decade. The Treasury Department auctioned $51 billion in three-month bills at a discount rate of 2.010 percent, up from 2.000 percent last week. Another...

Markets Right Now: Stocks notch a 3rd consecutive gain

Aug. 6, 2018 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks finished broadly higher for the third day in a row on Wall Street, extending a string of gains. Media, retail and technology companies rose Monday. A solid gain in Warren Buffett's Berkshire Hathaway led...