Thus the repo market has become intimately linked to the cash market in Treasury bonds.
After all, other than its yield, is cash held in the form of liquid Treasury notes all the different than cash held in the vaults of the Federal Reserve, especially when the Federal Reserve stands ready to buy those Treasury notes from any and all too-big-to-fail sellers essentially on demand, if need be?
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Scott Malpass suggests putting your money in cash and Treasury inflation-protected securities.
Many firms have been just throwing money in their cash accounts or grudgingly investing in treasury bills.
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Bond trading made the situation seem dire, although it may well have been affected by investors fleeing the stock and commodities markets and parking their cash in short-term Treasury securities, fearing to trust banks in light of the current economic turmoil.
In effect, they are the contracts the Treasury demands in return for extra cash.
Simply put, investors in those countries who have parked their savings in cash and low-yielding investments, such as Treasury bills and money market accounts in the U.S., are actually losing money due to inflation.
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You could buy Treasury bonds and just cash in 4% of the bonds every year for spending money.
For example, the Cash Management Function has 4 Processes in which requirements have been categorized: Treasury Information Maintenance, Payment Confirmation, Reconciliation and Cash Forecasting.
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Sometime over the next few months (maybe May, or maybe July, depending on how much cash Geithner has squirreled away in government coffers) the Treasury will reach that limit.
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And so, last week, there were picketers outside and raw emotions inside at hearings on rules that would end a moratorium the U.S. Department of the Treasury imposed in 1999 on giving its blessings to cash-balance conversions.
Presumably the treasury minions at corporate were investing the cash, earning as much overnight on treasury repurchase agreements as you earn in a month nowadays.
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Such people, land-rich but cash-poor, may now submit their credits to the state treasury for a full cash refund whenever the state budget is in surplus.
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Since August of 2007, he's worked daily with Federal Reserve Chairman Ben Bernanke and current Treasury Secretary Henry Paulson in creating new mechanisms to funnel cash to ailing institutions.
The longer both sides drag their feet, the more likely a revolt in the bond market and a skint Treasury squeezing American businesses for cash.
They have seen their countries bankrupted by iron-fisted dictators who put their foot in the door of the treasury while their cronies shamelessly looted the cash.
When combined with funding the general cash deficits, these multitrillion-dollar Treasury operations will dominate the capital markets in the years ahead, particularly given China's de-emphasis of new investment in U.S. Treasurys in favor of increasing foreign direct investment, and Japan's and Europe's own sovereign-debt challenges.
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In the past it benefited from an overheated property market that was a cash cow for the treasury.
The investment giant BlackRock is telling clients to stock up on cash and safe-haven bonds and treasury bonds even though this is not the best strategy in the long run since it provides negative returns when you factor in inflation.
Not long before Mr Bush announced a significant increase in the American aid budget at the Monterrey summit in March, his treasury secretary had been openly expressing scepticism about the benefits of such cash handouts.
Some insurers own large amounts of American Treasury bonds, and there are fears in America that they will dump these to raise cash.
They have little in common, but they now both face the next financial year with 2.3% less cash from the Treasury.
Investor 2 preserved his capital in cash over the period while Investor 3 experienced a double-digit return as money fled the stock market into Treasury bonds.
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