10-year benchmark yields hit 30-month low of 6.82% on falling oil prices
Yields on the 10 year benchmark yields softened to a 30-month low to 6.82%, tracking a softening in the US bond yields due to a fall in crude oil prices …
Treasury
IRS says 940,000 unclaimed tax refunds are about to expire
By Fatima Hussein | Associated Press WASHINGTON — The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said …
Gold prices flat as traders await remarks from Fed officials
Gold prices struggled for a clear direction on Wednesday, as traders awaited comments from a slew of Federal Reserve officials this week to assess how soon the U.S. central bank …
government bonds: Indian pvt banks make largest single-day govt bond purchase in 7 years
Indian private sector banks made the largest single-session purchase of government bonds in seven years on Friday, including a big investment on behalf of a corporate, traders said. These banks …
Politicians visiting SF for APEC spotted eating at In-N-Out, Mixt
A double-double cheeseburger and animal-style fries from In-N-Out in Southern California on Oct. 22, 2023. Farley Elliott Powerful politicians: They’re just like us. While in town for APEC, the Asia-Pacific …
Opinion: Higher interest rates are a tax on U.S. economic growth
U.S. interest rates have surged in the past few months. If this persists, it has serious consequences for the sustainability of federal deficits and U.S. economic growth. The Federal Reserve …
How could climate change affect your money?
Weather and climate disasters have cost Americans billions over the past few years — and it’s only expected to get worse. Morrison1977/Getty Images/iStockphoto A new report from the U.S. Department of …
Should you buy a Costco gold bar?
Costco’s gold bars have been selling out across the country. But are they actually a good investment? Nuthawut Somsuk/Getty Images/iStockphoto Mega-retailer Costco is well known for its low prices and …
What it is and why it matters
The 10-year Treasury yield recently hit its highest level since 2007. Here’s what you need to know. Mo Semsem /Getty Images/iStockphoto A Treasury note, or T-note, is a U.S. government …
Mortgage rates for October 9: Approaching 8%
A strong jobs report helped catapult 30-year fixed mortgage rates to a new 23-year high. JamesBrey/Getty Images The 10-second guide to mortgage rates this week The average for a 30-year …