Government News

10-year Treasury yield moves higher after Iran reportedly stops communication with U.S.

The 10-year Treasury yield ticked higher on Monday as tensions ramped up between the U.S. and Iran, further clouding the prospects for a deal to end the conflict. The yield on the 10-year — the key benchmark for mortgages, auto loans and credit…

Japan, China lead foreign government retreat from U.S. Treasurys as Iran war fallout stokes currency fears

Foreign governments cut U.S. Treasurys in March as the Middle East war forced central banks to liquidate dollar reserves, defending local currencies against an energy shock that sent exchange rates tumbling. China reduced its holdings to $652.3 billion, down roughly…

The bond market is flashing a warning over Iran. A veteran of energy geopolitics explains the risk

Don’t look now, but the pain from high energy prices might be about to bite Americans twice.  With no end in sight to the war in Iran and oil prices stuck above $100 a barrel, bond traders worried about inflation…

US to revoke passports of parents with child support debt

The US State Department has said it will start to revoke the passports of Americans who owe significant amounts of child support. The department announced that parents who have outstanding debt of more than $2,500 (€1,844) in child support payments…

Car payments squeeze Americans as auto debt hits $1.68 trillion, report finds

Auto debt is becoming a bigger problem for consumers, a new report shows. Total auto debt reached $1.68 trillion at the end of 2025 — a 37% increase since late 2018, when the debt was at $1.23 trillion, according to a new analysis by…

Treasury yields move higher as oil prices rise amid U.S.-Iran standoff

Treasury yields moved higher on Thursday as tensions between the U.S. and Iran with the Strait of Hormuz reignited inflation fears. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose more than 3…

Treasury yields tick lower after DOJ drops Fed probe, paving the path for Senate to vote on Warsh

U.S. Treasury yields ticked lower Friday after the Justice Department abandoned a criminal investigation into Federal Reserve Chair Jerome Powell, paving the way for the Senate to vote on nominee Kevin Warsh as his replacement to head the central bank. The yield…

A new oil shock is building. The next few weeks of war will be decisive for the economy.

The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn’t reopened within roughly the next…

U.S. deficit tops $1 trillion through February but runs below year-ago pace

The U.S. budget deficit surpassed $1 trillion for the fiscal year through February but was sharply lower than the same period a year earlier, Treasury Department data showed Wednesday. Outlays exceeded receipts by $308 billion in February, roughly in line…

Rising oil prices could increase food costs but hoarding groceries ‘makes a bad situation worse,’ economist says

Rising oil prices tend to push up the cost of groceries, but that doesn’t mean shoppers need to rush out and stock up, economists say. Brent crude has surged above $100 a barrel in recent weeks — after trading closer to $60 in…