Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 4 May 2012 [View all]Demeter
(85,373 posts)12. US Treasury still mulling floating-rate debt sales
http://www.reuters.com/article/2012/05/02/usa-treasury-refunding-idUSL1E8G25JC20120502
The U.S. Treasury Department sees a strong market for floating-rate notes that would give it a new tool for managing the government's borrowing needs but is putting off a decision for now on selling them, a senior official said on Wednesday.
Financial markets were watching for the Treasury to announce at a scheduled quarterly refunding press conference that it would begin issuing floating-rate debt. But it said it was still analyzing feedback and wouldn't say when it will decide.
Floating-rate notes would attract investors who want to be sure they don't miss out if general interest rates start to move up and they would be a wholly new product to pitch for the Treasury, which does not currently offer this type of debt security...
IS THAT A SIGNAL, OR IS THAT A SIGNAL!
The U.S. Treasury Department sees a strong market for floating-rate notes that would give it a new tool for managing the government's borrowing needs but is putting off a decision for now on selling them, a senior official said on Wednesday.
Financial markets were watching for the Treasury to announce at a scheduled quarterly refunding press conference that it would begin issuing floating-rate debt. But it said it was still analyzing feedback and wouldn't say when it will decide.
Floating-rate notes would attract investors who want to be sure they don't miss out if general interest rates start to move up and they would be a wholly new product to pitch for the Treasury, which does not currently offer this type of debt security...
IS THAT A SIGNAL, OR IS THAT A SIGNAL!
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
81 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
What It's Like When the NYPD Raids Your Apartment At Dawn-- Because Your Roommate is in Occupy
Demeter
May 2012
#23
I am caught up, except for stuff from before March 15th, when I really got thrown by the Ides
Demeter
May 2012
#46
Spanish banks ‘vulnerable’ and may need public help, says IMF (VULTURES CIRCLING)
Demeter
May 2012
#40