CUSIP: 912797FC6Term and Type: 156-Day BillCMB: YesHigh Rate: 5.230%Investment Rate: 5.440%Price: $97.733667Allotted at High: 92.10%Total Tendered: $108,156,938,000Total Accepted: $45,000,038,000Auction Date: 05/18/2023Issue Date: 05/23/2023Maturity Da…
CUSIP: 912797FC6Term and Type: 156-Day BillCMB: YesOffering Amount: 45 BillionAnnouncement Date: 05/16/2023Auction Date: 05/18/2023Issue Date: 05/23/2023Maturity Date: 10/26/2023PDF | XML
Bonds and stocks rallied immediately on the release of CPI data, with television analysts scurrying to try to explain the spirited bullish market reaction. The explanation was in market positioning, rather than in data minutia.
CUSIP: 912797FA0Term and Type: 149-Day BillCMB: YesHigh Rate: 5.040%Investment Rate: 5.233%Price: $97.914000Allotted at High: 64.05%Total Tendered: $105,000,420,000Total Accepted: $45,000,020,000Auction Date: 05/11/2023Issue Date: 05/16/2023Maturity Da…
CUSIP: 912797FA0Term and Type: 149-Day BillCMB: YesOffering Amount: 45 BillionAnnouncement Date: 05/09/2023Auction Date: 05/11/2023Issue Date: 05/16/2023Maturity Date: 10/12/2023PDF | XML
The following infographic reveals greater insight into who it is that supports and condemns Russia. The left chart considers global GDP, also known as gross domestic product, which is a measure used to look at a country’s (or countries’) economic healt…
As President Biden is about to welcome Speaker Kevin McCarthy and other congressional leaders to discuss the debt ceiling at the White House on Tuesday, there seems to be little hope for a quick resolution of what threatens to become a drawn-out game o…
As the debate over the U.S. debt ceiling and a possible default continues, the White House Council of Economic Advisers (CEA) published a new analysis, warning against the possible consequences of an actual breach of the debt ceiling. There is broad co…
Despite new turbulences in the banking sector, the Fed decided to stay the course and keep raising interest rates in its battle against inflation. Following a two-day meeting of the Federal Open Market Committee (FOMC), Fed chairman Jerome Powell annou…
OpenAI, the creators of ChatGPT, have authored a research paper that tries to predict the impact of AI on the job market.