Lakshmi Iyer from Kotak Alternate observes a significant narrowing of yield spreads between Indian and US bonds, reaching a ...

Disappointing US government debt auctions confirm that the bond market is disturbed. Yields for 10-year bonds rose higher ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...

Equities were mixed Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in ...

Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U ...

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins ...

Gold was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the ...

The U.S. Mint projects to save $56 million by reducing material costs. Making a penny cost 20% more in fiscal year 2024 than ...

The U.S. Mint’s annual report for 2024 found that a penny costs 3.69 cents to make. Its production resulted in a loss of $85 million for the Mint last year.

The U.S. Treasury is phasing out the penny due to rising production costs, signaling the end of an era and prompting economic ...