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The Bush administration said yesterday that Congress must raise the government's $6.4 trillion limit on borrowing or risk delaying an announcement Thursday of a Treasury note auction.
The notes sold at a price to yield 6.17percentt -- about 55 basis points, or hundredths of a percentage point -- more than the rate of a Treasury note with a comparable maturity.
Bonds extended gains after a Treasury note auction met with slack demand, prompting some investors to sell shorter-maturity government debt and pile into the better-performing bond, as they have been doing since late January, traders said.
19, appearing to bet that the newly issued paper is a safer investment than equity, since it will basically be equal to a Treasury note if the government were to step in and backstop the firms.
While you don't want your heirs to be locked into a Treasury note portfolio, neither do you want them to think that equities are certain to beat fixed income.
Similar(55)
He and his partners paid more than $70 million in fines to settle charges of collusion in a Treasury note-trading scandal, but he said he did not admit guilt.
A Goldman Sachs note circulating had suggested that Verizon might buy Vodafone's stake over several years.
The reason behind the fall was a Goldman Sachs note on mining in Europe, the Middle East and Africa.
What have you got when Grover Cleveland stares at you from a Federal Reserve note?
L. 112 29, set out as a Fee Setting Authority note under section 41 of this title.
L. 104 208, set out in a Federal Financial Management Improvement note under section 3512 of this title.
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