Shorter-term rates in the bond market were falling as investors weighed an inflation reading from the consumer-price index that was softer than Wall Street anticipated. But the yield on the ...

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The U.S. Treasury is moving towards eliminating paper checks for federal payments, including tax refunds and Social Security ...

President Trump signs an order to end federal paper checks by September, transitioning to secure electronic payments to ...

This tax-return filing season might be the last time you send payments to the Internal Revenue Service using paper checks, or the last time you receive refunds on paper. A Trump Administration ...

Treasury Secretary Scott Bessent outlined the ... calling on the federal government to shift to electronic payments from paper checks by the end of September to reduce fraud risks and "unnecessary ...

"Historically, Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an electronic funds transfer," the order stated. "Maintaining the ...

In standard economic theory, yields on Treasury securities are composed of two components: expectations of the future path of short-term Treasury yields and the Treasury term premium. The term premium ...