As she exited the job, Treasury Secretary Yellen urged Congress to increase or suspend the debt ceiling—and detailed actions Treasury is taking, starting today, to keep the nation solvent.

The relentless rise in government bond yields in the United States and around the world may represent the “new normal” for both investors and companies.

While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed officials that they are again making adequate progress on inflation.

Even as short-term interest rates fall, long-term rates are rising globally due to uncertainty around Trump’s tariff threats, according to the IMF managing director.