US Treasury

The US Treasury is the government's borrower and the oldest name on the US market map: it issues bonds to cover the gap between what Congress spends and collects, and decides their maturities. A Treasury headline is about the supply of bonds; a Fed headline is about the price of money.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • Federal ReserveThe Federal Reserve is the US central bank, built in 1913 after the 1907 bank runs were stopped by one banker. It sets…
  • Debt ceilingThe debt ceiling is the cap Congress sets on total US government borrowing. The Treasury borrows the gap between…
  • Quantitative tighteningQuantitative tightening is the Fed shrinking its balance sheet by letting bonds mature without replacing them…
  • Retail salesRetail sales is the Census Bureau's monthly count of what US shops and online stores sold. Consumer spending is about…
  • Market cap categories (mega/large/mid/small)Market cap categories group US companies by size: mega above $200 billion, large $10 to $200 billion, mid $2 to $10…
  • Bid-ask spreadThe bid-ask spread is the gap between the best price to sell (bid) and the best price to buy (ask). Buy at the ask…

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