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"US Treasury"

Top 5 Things to Know About the National Debt

October 17, 2012

The federal government is likely to reach its statutory debt limit some time in January 2013. Here are the five things you need to know about the U.S. national debt.

A Not-So Sweet 16

September 4, 2012

Today, the Treasury Department announced that for the first time ever, the United States’ national debt surpassed $16 trillion. Talk about a not-so-sweet 16.

China Now Purchasing US Debt Directly from Treasury

May 23, 2012

When purchasing large amounts of U.S. debt, you generally must use a primary dealer to bid on that debt at Treasury auctions. Many of the primary dealers are large firms and banks on Wall Street. But not all of them. Since mid-2011, China has been purchasing U.S. debt directly from the Treasury Department.

The New Form of Federal Debt

May 2, 2012

Yesterday, the Washington Post reported that the U.S. Treasury’s is considering issuing floating-rate 2-year bonds. As a point of reference, the last time the government issued a new type of government debt was in 1997.