Government News

On August 20, the District of Columbia’s Medical Debt Mitigation Amendment Act of 2026 (B26-0438) became law without the Mayor’s signature after the D.C. Council passed the bill unanimously. In relevant part, the law prohibits health care providers and debt collectors from reporting medical…

The 10-year Treasury note yield reached a fresh multiyear high on Wednesday as inflation and debt concerns pressured global government borrowing costs. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt —…

The national debt passed the $40 trillion mark last week. While the record number is staggering on its face, equally concerning is that the debt more than doubled in just 10 years. There are many reasons for this: emergency spending…

US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show. The rise reflects years of heavy spending under both the Trump and Biden administrations, along with higher interest payments that have…

The Republican-led U.S. Senate passed a temporary measure to fund federal agencies through December 11 on Saturday, in a move intended to avert a crippling federal government shutdown weeks before the November midterm elections. The Republican-controlled House of Representatives passed…

U.S. Treasury yields held steady on Wednesday as traders mulled over the outlook for interest rates and weighed a weaker-than-expected jobs reading from payrolls processing firm ADP. The 10-year U.S. Treasury note yield — the main benchmark for mortgages, auto loans and credit card…

WASHINGTON, July 13 (Reuters) – Growing refunds ‌from President Donald Trump’s tariffs, after they were ruled illegal, pushed the June federal budget deficit to $120 billion, the U.S. Treasury Department said on Monday, a sharp reversal from the $27 billion…

Treasurys fell on Thursday after the previous session’s yield spike as traders weighed new economic data and sought to look beyond the renewed hostilities in the Middle East. The key 10-year U.S. Treasury note yield — the main benchmark for mortgage borrowing, auto loans…

LONDON, July 21 (Reuters) – Government debt across developed economies is set to climb to a record $75.8 trillion by the end of 2026 as countries struggle with persistent ​budget deficits, geopolitical tensions and rising spending demands, Fitch Ratings said…

U.S. Treasury yields rose on Wednesday, as investors weighed more data and new comments from the Federal Reserve’s newly appointed chairman. The yield on the benchmark 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt —…