Treasury Direct News

India Sees Growth Imperiled With Rising Greek-Like Tax Evasion

Jul 18, 2011
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India Sees Growth Imperiled With Rising Greek-Like Tax Evasion

As Rama Murthy completes the sale of his three-bedroom apartment in the southern Indian city of Hyderabad, he accepts from the buyer a bag full of rupees — a part of the purchase price the tax man will never see.

Published Jul 18, 2011.
Read more: BusinessWeek

Treasury 10-Year Notes May Yield 2.951% at $21 Billion Sale, Survey Shows

Jul 13, 2011
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Treasury 10-Year Notes May Yield 2.951% at $21 Billion Sale, Survey Shows

The Treasury Department’s $21 billion sale of 10-year notes may draw a yield of 2.951 percent, according to the average forecast in a Bloomberg News survey of seven of the Federal Reserve’s 20 primary dealers.

Published Jul 13, 2011.
Read more: Bloomberg

Treasury says China isn’t a currency manipulator

May 31, 2011
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Treasury says China isn’t a currency manipulator

The Treasury Department on Friday refused again to label China a currency manipulator saying Chinese officials appear to recognize that a stronger currency could help them battle inflation.

Published May 27, 2011.
Read more: Market Watch