Treasuries

European Central Bank President Mario Draghi told the European Parliament on Thursday that the eurozone must become more integrated. Draghi said that the most important step in leading the eurozone out of its current sovereign debt crisis would be to create a new "shared fiscal compact" in which...

Union First Market Bankshares Corporation (NASDAQ: UBSH) announced it has received approval from the United States Department of the Treasury to redeem the Preferred Stock issued to the Treasury under the Capital Purchase Program, which was created in the fall of 2008 under the Troubled Asset...

In an interview to appear tonight on FOX Business Network's (FBN) Power & Money (9 PM/ET), Federal Reserve Bank of Dallas President Richard Fisher speaks with host David Asman about what prompted the Federal Reserve to lower the cost of emergency dollar funding for financial companies....

Eurozone finance ministers came out of a meeting that was meant to save the euro without a plan to stop a eurozone financial collapse. The financial markets were hoping that the 17 eurozone finance ministers would emerge from their meeting with a bold new plan to avert financial disaster but they...

Fitch Sovereign Ratings Head David Riley spoke with FOX Business Network's (FBN) Liz Claman about the agency's decision leave the United States credit rating at a triple-A. Riley said while the agency was “concerned by the failure of Washington again to be able to reduce the U.S. budget deficit,”...

There are reports circulating on Tuesday that Treasury Secretary Henry Paulson gave hedge fund managers advance word that the Federal Reserve and the Office of the Comptroller of the Currency were inspecting Fannie Mae and Freddie Mac's books and that he expected their examination would give a...

Finance ministers from the 17 countries that use the euro as their currency met on Tuesday in yet another effort to avoid a financial collapse that could mean the end of the euro. The finance ministers are discussing a wide range of possible solutions to the current sovereign debt crisis. The...

Polish Foreign Minister Radoslaw Sikorski made an unusual appeal to Germany in a desperate attempt to get Germany to do more to save the eurozone from collapse. The Polish foreign minister said that a eurozone collapse was the biggest threat to the security and prosperity of Poland and that...

Italian government 3-year bond yields reached euro-era highs during the country's latest bond auction. While the Italian government was successful in raising 7.5 billion euros ($10 billion) during the auction, the steep interest rates that it was forced to pay are troubling. The interest rate that...

The International Monetary Fund (IMF) is denying rumors reported in Italian newspaper La Stampa that the IMF and the Italian government are discussing the possibility of a 600 billion euro rescue package. The interest rate on the 600 billion euros worth of funding was reported to be between four...