The Treasury Deparment said Wednesday that the Federal Reserve has bought more than $90 billion of short-dated government bills over the past eight weeks.
With some Treasury bills now offering 5%, the assets have become more appealing to investors. But there are a few things to know about the purchase process, experts say. Backed by the U.S. government, ...
U.S. Treasury Secretary Scott Bessent testifies before the House Committee on Financial Services.
The Federal Reserve has bought more than $90 billion of short-dated government debt over the past eight weeks, the Treasury Department confirmed on Wednesday — and these purchases are now helping to ...