US Treasury

This is your Benzinga news summary and traders' outlook for Friday, June 10, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take gains after the markets traded higher yesterday. The U.S...

Citigroup stated that foreign investors may be quicker to dump their dollar holdings than domestic investors if the U.S. debt ceiling is breeched, according to Bloomberg. That move might have a harsher affect on the dollar when compared to U.S. treasuries. The U.S. House of Representatives is...

Treasury Secretary Timothy Geithner has previously warned that Monday is the day of reckoning—the U.S. government has reached its legal debt limit. Although Geithner has claimed that he can prolong the consequences of that fact an additional 11 weeks, he steadfastly worked in various testimonies...

US stock futures are slightly lower this morning, ahead of the 2-day Group of 20 meeting in Paris. The People's Bank of China lifted its reserve requirement ratio for banks by 50 basis points. Futures for the Dow Jones Industrial Average dropped 6 points to 12,282.00, while those for the S&P...

Unconfirmed news that US Treasury Secretary Timothy Geithner was recently admitted for kidney stone surgery, according to CNBC.

The dollar further weakened against most of its major counterparts today after US President Barack Obama said he would maintain tax reductions in 2011 to help the economy. This has boosted investor demand for higher-yielding assets, with US Treasuries trading lower than yesterday's close in pre-...

Citigroup's (NYSE: C) announcement today of a sale of 2.4 billion shares of common stock affects Blackrock (NYSE: BLK), State Street, (NYSE: STT) and the US Government, some of the large holders. US Treasury seeks to underwrite a public offering of approximately 2.4 billion shares, dependent upon...

Treasuries rallied today, in the process driving two-year note deals to record lows and pushing 10-year securities below 2.5%, for the first time since March 2009 following weaker-than-expected home sales data for July. The difference between the two-year note yield and the Fed’s target lending...