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The yield curve for U.S. Treasury bonds flattened significantly after the U.S. Treasury announced its repurchase program.

2026-08-19

The yield curve for U.S. Treasury bonds flattened significantly after the U.S. Treasury announced its repurchase program.

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2026-08-20

The Trump administration on Wednesday proposed a rule restricting eligibility for the refundable portions of four tax credits aimed at children, students, adoptive parents and low-income workers. Under the proposal only U.S. citizens and certain lawf

The Trump administration on Wednesday proposed a rule restricting eligibility for the refundable portions of four tax credits aimed at children, students, adoptive parents and low-income workers. Under the proposal only U.S. citizens and certain lawfully present foreigners — including lawful permanent residents, aylees and refugees — would qualify for refundable payments. Treasury Secretary Bessent said the move ends what the administration called improper access by illegal immigrants to taxpayer-funded benefits. The Treasury said the rule would cover undocumented immigrants and some immigrants legally authorized to work, and estimated savings of $700m–$2.6bn per year.
2026-08-20

Qatar foreign ministry said the Qatari prime minister and foreign minister met the Saudi foreign minister in Riyadh to discuss efforts to reduce regional tensions.

Qatar foreign ministry said the Qatari prime minister and foreign minister met the Saudi foreign minister in Riyadh to discuss efforts to reduce regional tensions.
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