The United States Treasury Department and its issuance of short-term debt are the primary driver of global liquidity that ...

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.

The Federal Reserve’s most important policy move this past week wasn’t the cut in its policy interest rate but the resumption of its purchases of Treasury securities. The official line is that the ...

Yes, Treasury bill earnings are subject to federal income tax, but they’re exempt from state and local income taxes. Instead of paying traditional interest, T-bills generate income through a built-in ...

The U.S. Treasury will maintain current coupon auction sizes, funding incremental needs with a surge in T-Bill issuance—45% of new cash this quarter. Treasury Secretary Bessent is avoiding long-term ...

Tokenized U.S. Treasury bills have emerged as the “killer app” for RWA, providing institutional-grade yield to on-chain investors. Major providers like Ondo Finance and Franklin Templeton are leading ...

The U.S. Treasury said it’s keeping an eye on rising demand for the shortest-dated federal securities—from both the Federal Reserve and the private sector—but still offered no tilt on Wednesday toward ...

The sum of N15.2 trillion was realised by Central Bank of Nigeria from the bi-weekly sales of Treasury Bills via primary market auctions conducted in 2025 as part of an effort to support government ...

China told its banks to reduce holdings of US government debt this week, with market pros split on how the move could impact the US and Treasury markets.

As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk ...