Tag: Treasury Department
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Is gold safer than U.S. Treasury bonds as federal debt keeps soaring?
Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe...
US Interest Burden Hits 28-Year High, Escalating Political Risk
(Bloomberg) -- The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating the risk...
Fed’s paper losses top the $200 billion mark
By Michael S. DerbyNEW YORK (Reuters) - U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday...