AP – STIMULUS PLAN: The Federal Reserve said it will use money from its investments in mortgage securities to buy government debt on a small scale. Read More Summary Box Treasury prices jump on Fed plans
AP
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Reuters – The Obama administration on Friday acknowledged it had underestimated the number of homeowners who fell seriously behind on their mortgage payments even after getting government help. Read More Treasury More HAMP homeowners falling behind
Reuters
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AP – The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified. Read More Treasury says latest mortgageaid report flawed
AP
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AP – China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase. Read More China reduces US Treasury debt holdings in May
AP
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AP – Interest rates on short-term Treasury bills were mixed in Tuesday’s auction with rates on three-month bills falling to the lowest level in three weeks while six-month bills were unchanged. Read More Rates mixed at weekly Treasury bill auction
AP
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AFP – A website of the US Treasury’s Bureau of Engraving and Printing (BEP) was suspended Tuesday after it was hacked, a BEP spokeswoman said.
Read More US Treasury website hacked, then suspended
AFP
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AP – Interest rates on short-term Treasury bills fell in Monday’s auction to the lowest levels since last month. Read More Rates fall for 3month and 6month Treasury bills
AP
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AFP – US Treasury Secretary Timothy Geithner was due in China on Thursday for talks expected to focus on calls for a revaluation of the yuan amid signs Beijing may be ready to allow a more flexible currency.
Read More US Treasury Secretary Geithner heads to China
AFP
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AFP – India and the United States have “a huge mutual stake” in closer economic ties, US Treasury Secretary Timothy Geithner was quoted Saturday as saying before his trip to the South Asian nation.
Read More India trip to boost ties US treasury secretary
AFP
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