Bonds

Fixed-income investor should prepare for 2018 being a key year for monetary normalization.

The latest on developments in financial markets (All times local): 9:35 a.m.

Fed Chair Janet Yellen hosted her final press briefing paving the way for Jerome Powell to take over.

The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago.

___ Bitcoin futures soar amid frenzy over virtual currency NEW YORK (AP) — Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent.

Treasury Secretary Steven Mnuchin is taking a second emergency move to keep the government from going above the debt limit that is now back in effect.

The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves.

Wall Street closed slightly lower on Monday as March auto sales disappointed and investors questioned whether the Trump administration would deliver on its pro-business economic stimulus.

The Latest on Brexit talks (all times local): 7:45 a.m.

The latest on developments in financial markets (All times local): 9:35 a.m.

Treasury Secretary Steven Mnuchin is alerting Congress that he will start taking emergency measures this week to keep the government from going above the debt limit when it goes back into effect on Friday.

Municipal governments worry the tax overhaul in Washington, D.C. could chill the construction of affordable housing as homelessness reaches a crisis point on the West Coast.

Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in nine years.

When did Republicans stop worrying and learn to love budget deficits?

Fresh off his biggest legislative victory of the year, Senate Majority Leader Mitch McConnell is disputing projections that the Senate's tax bill would add to the nation's debt woes.

A plan to have the largest private prison operator in the U.S. build a new state prison for Kansas immediately faced bipartisan criticism from legislators Thursday because the state would pay for the project by leasing the facility from the company for 20 years.

Bank of America Merrill Lynch won $750 million of Illinois bonds in competitive bidding on Wednesday as the state faced a lingering market penalty for its fiscal and political woes.

Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills increasing while rates on three-month bills were unchanged from last week.

The challenge for investors is always the wisdom in the answer – not simply the answer.

Global financial markets are bracing for 3