Yields on short-term Treasury bills were leading Monday morning's rise in market-based rates, as investors focused on developments in Washington and the likelihood that the U.S. economy is more or ...

A treasury bill is a government-issued security that matures in 52 weeks or less. It is priced at a discount, and when it matures, the government pays you the full face value. Essentially, you are ...

The Federal Reserve now plans to buy T-bills more actively as a means of adjusting reserves. This makes sense and aligns with our thinking. Fed officials will allow the MBS roll-off to continue, ...

The Federal Reserve’s most important policy move this past week wasn’t the cut in its policy interest rate but the resumption of its purchases of Treasury securities. The official line is that the ...