Treasury Quotations

The whole of government needs to contribute to the shared goal of restructuring the British economy. But that means taking on the myth that the Treasury either knows best or can run it all. It just doesn't.

Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.

In Divine unity and the affirmation of it, Divine beauty and dominical perfection become apparent. If there was no unity, that pre-eternal treasury would remain hidden.

The organization of the government itself is something which we ought to examine in a more self-conscious way - the Federal Reserve and the Treasury and the Securities and Exchange Commission. The mission that each of them has is mainly economic but should be informed by good organizational practices.

I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news.

Prosperity cannot be restored by raids upon the public Treasury.

I am not one of those who believe that we are bound to vote supplies to cover a deficiency in the treasury whenever called on, without investigating the causes which occasioned it.

There is a limit to how much the United States Treasury can borrow.

What is it but a cunningly devised scheme to take from one State and to give to another - to replenish the treasury of some of the States from the pockets of the people of the others; in reality, to make them support the governments and pay the debts of other States as well as their own?

I wish to thank the Department of State and the Department of Treasury for their assistance in securing the approvals necessary for Cuba to participate in the inaugural World Baseball Classic in March. The federal government thoughtfully and diligently helped us bring the application process to a successful conclusion. Now, with Cuba?s entry in the tournament approved, the World Baseball Classic promises to be an historic event and will guarantee our fans the greatest possible competition among the best players in the world.

One popular explanation is that there is a glut of capital in the world in search of a home, and a lot of it finds its way into relatively risk-free assets, such as Treasury bonds.

One of the appropriation bills, the Transportation Treasury HUD Appropriation Bill, had money put into the bill at the committee level, ... When it comes out of committee once we return to session after Labor Day, we'll be passing it off the floor of the Senate. I'm confident that money will be there, plus maybe a little more if possible in the final conference committee version.

No one likes to see their cost of business increase, but the federal treasury needs the money and we need the certainty.

Nobody's going to default in the U.S. Treasury market. The biggest concern I have is that not everybody understands that, and some people understand it better than others.

We're simply making an inquiry to make sure we're on top of the situation in the Treasury markets, ... The reason to do this is simply to make sure that we're on top of the situation, understand the dynamics of that market.

Let's think back to what happened in Internet stocks, ... That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.

Let's think back to what happened in Internet stocks. That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.

Measured could go away, ... Greenspan wants the yield on the 10-year Treasury to go up because usually, long rates are not this low until late in a tightening cycle. The bond market may be underestimating how much more tightening needs to be done.

Selling public lands can help reduce the drain on the treasury and give us benchmarks to compare private with public management.

Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments.

Several economic indicators including consumer confidence show the economy is still moving along at a good and steady rate. The rise in Treasury prices will be limited.

guarded by a couple of CIA agents and some Treasury Department guys.

Greenspan's comments will be watched, as well as the Treasury auctions over the next few days and the trade balance Friday.

From the economic viewpoint, Treasury yields are too low. We are expecting robust growth in the first quarter and that will lead to a correction in the bond market.

From what I understand, Treasury is politically tone-deaf on this. They didn't think they even had to talk to anybody about this.

Today, existing home sales are strong and that appears to be weighing on the market a bit because Treasury yields are higher.

What you had at that time was a president really interested in tax reform and a very skillful Treasury secretary (James Baker) interested in advancing the ideal.

Here we are considering an amendment increasing an already huge appropriation by $1,000,000,000. It is like using a teaspoon in order to get a few taxes into the Treasury and at the same time at the back door using a scoop shovel to shovel them out.

I look upon that job as a holding operation, ... I don't think Taylor would be happy to spend four years as the No. 3 person in the Treasury Department.

If the government go for the lowest-common-denominator approach, I don't think we will want to be involved. There's a danger the government will just go for the biggest return to the Treasury and not be interested in overcrowding issues, the quality of the food and the quality of the service.

If the equity market continues to retrench, then there's going to be quality flows coming into the Treasury arena that push bond yields lower,

He has been one of the most effective secretaries of the Treasury in this nation's history,

The purpose of instituting the Office of International Treasury Control was to provide an administrative system in perpetuity, which will be able to exercise the management of these funds and their control.

He got the documents from lawyers at the Treasury Department when he made a request after he left.

Long-term rates are below the federal fund rate. That tells you the Fed's too tight. The reason the 30-year Treasury is so low is because people are expecting an economic slowdown, and that's not going to be good for earnings.

Sure, the plan could push Treasury yields up. But if it contributes to an increased efficiency of the economy and boosts growth, what's not to like?

Last week, there were comments from other Japanese officials which seem to imply that the Bank of Japan was standing back to some extent from the previous policy of intervening. And it wouldn't be completely against the wishes of the U.S. Treasury if the dollar were to weaken a little bit further. It would actually keep the pressure on Japan to reform.

JGB prices dropped on firmer stock prices, a drop in US Treasury prices overnight and a pullback in the yen against the dollar.

JGB prices got off a firmer start today aided by the bullish tone on the US Treasury market overnight, but then they fell back after the sharp gains in stock prices here.

Larry Summers is a very capable guy. He's been Rubin's deputy for the last five years or so, and Rubin has been grooming him to take on the responsibilities of being the Treasury secretary.

People are a bit concerned with higher Treasury yields and the possibility that U.S. interest rates will continue to rise.

I think the administration will have a Treasury secretary who is very established with the business community.

Last Friday's unexpectedly weak employment report caused interest rates on long-term Treasury bonds and, by extension mortgage rates, to fall as investors worried about the health of the U.S. economy.

It is clear that the debt limit must be increased. Failure to approve an increase would have dire consequences for government finances and financial markets. Delaying action on an increase until the last possible moment, forcing Treasury to utilize extraordinary measures to avoid a default, is unnecessary and irresponsible. However, under the current fiscal circumstances approving a large-scale increase in the debt limit without a plan to restore fiscal discipline would also be irresponsible.

It doesn't seem to me at all appropriate for a secretary of the Treasury to make such comments in any event,

I think that one of the things that is often overlooked about the relationship between the prime minister and the chancellor is that these two men worked together every single day when we were in opposition and I can remember being in Gordon's office a lot when I was Treasury whip and they would be constantly on the phone to each other talking all the time,

It is pretty evident that every time you get above (the 10-year Treasury yield of) 4.72 to 4.73 percent area the market becomes uneasy. That is the inflection point where you see negative returns and some spread widening (in emerging market debt).

We need our nominees in place here. Some of the most important issues facing the government today are coming through the Treasury Department.

Treasury prices have been rising and oil is up and down,

Treasury receives its list of programs from the Legislature.

Treasury set out principles this summer to ensure that the risk to taxpayers was reduced in any extension of the Act,

Treasury yields above 4.5 percent look attractive. Some people may take it as a short-term opportunity to get in.

Treasury yields have fallen across the board as the market waits to see how much damage the hurricane will do.

Treasury yields look headed to 5 percent by the May 10 (Federal Open Market Committee) meeting and possibly 5.25 percent by the June 29th.

Treasury yields will go higher as investors are concerned about inflation. Money is going into commodities to chase higher returns and that is adding to inflationary pressures.

Today, the first auction of 30-year Treasury bonds in (almost) five years is expected to go well.

Today the flows have changed. We did see some selling this morning of the back end of the Treasury market and perhaps that's just a little disappointment that the stock market didn't go further below 10,000.

The problems were plain to see at the time of last year's pre-Budget report in December, but instead of addressing them then, the Treasury chose to dress up the UK finances for the election.

You have seen a pretty significant rise in open interest in the Treasury futures market since the middle of last month as prices have declined, suggesting a pretty substantial short base out there, so we've held our footing so far this week.

Where was the Treasury when the rest of America was refinancing its debt?

When I first joined the Treasury some years ago, I can assure you we were not thinking about threats to the financial system emanating from viruses, Trojan Horses, logic bombs or malicious code, ... But we are thinking about those things now, and with good reason.

While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields - and fed funds - move up.

We are now looking to recruit new property lenders and treasury people to further boost our presence in this dynamic region - a region to which the bank remains fully committed.

We can be responsible ... or we can throw caution to the wind and basically have the U.S. Treasury spend over $10 (billion) to $12 billion if everybody took advantage of the program.

We know the U.S. has pressures -- employment issues and elections and the credibility of the government. For China, we could also say that the current state is not only good for China but also for the rest of the world and also good for the U.S. because we are using our foreign exchange reserves to buy U.S. Treasury bonds and subsidize U.S. consumers.

While an environment in which the rand remains strong is always appropriate for something more creative, the National Treasury is unlikely to deviate from its consistent path of removing exchange controls gradually.

We're also still getting support from the low interest rates. While Treasury yields are not as low today as they've been, they are still historically at a substantial low, and that lends support to equities.

We established a track record with the Treasury that allowed us to get the business.

That was between Rick Hamlin, who represents La-Van, and the Treasury Department,

We've seen this movie before. What Treasury is saying is pretty much of a rerun of what it said back in May.

(Traders) realize that markets may have oversold the currency and pushed U.S. Treasury yields too low on worries that the Katrina impact could hold the Fed back from lifting rates.

When the U.S. Treasury steps forward and the IMF steps forward to replace the flight of capital, there will be no need for the Brazilians to raise interest rates.

To Mexico's credit, they don't allow the oil windfall to get in the hands of the Treasury too much so they haven't really grown dependent on it.

We still expect Treasury yields to move higher. The rise in oil is starting to be a concern once again.

We projected a lower and an upper figure. We wanted to make sure the Treasury was absolutely committed to the idea. We don't regret coming up with our numbers. The government did its own calculations.

The debt equity swap carried by the Chinese is beginning to be rather costly, it is this organic realization rather than pushy comments from (U.S. Treasury Secretary) John Snow that is likely to trigger a change.

We're trying to keep baseball within the Olympics after the 2008 Games, and this decision by the Treasury Department of the United States does not help us at all.

When risk aversion is declining, money will flow out of the safe-haven Treasury market into riskier assets, ... High-yield bonds have increased in price in the past week; holders of junk bonds are doing well right now.

What the Treasury has done has caused a significant, permanent shift in the way the curve is structured. We'd seen a lot of subtle changes beforehand but it was the announcement this week that really triggered the earthquake.

We're still deciding if we should push for a capital gains cut this year, ... The ironic thing is that we do all these estimates on what kind of impact a cut would have and then the U.S. Treasury says 'Oh, no. We can't afford it.' Well, we cut capital gains a few years ago and now we've got an enormous budget surplus. Much of it was generated by capital gains.

U.S. treasury yields are rising and we've seen that support the dollar across the board. The dollar remains strong on the back of solid U.S. economic data and expectations that the 10-year yield is going to continue to go higher.

We're flying solo in the Treasury market, we're responding to the fundamentals.

Where is the action? Once again what we have the Treasury doing is talk and no action, and that hurts our manufacturers and our workers.

Through our Executive Forum, we're able to create an environment where our customers can gather and openly discuss with their peers ideas that will help shape the scope of treasury functions in the future. For us, working closely with those who are redefining the relationship between banks and corporate clients strengthens our ability to meet their needs and those of their customers.

Corporate issuance will continue to be a major factor (in the Treasury market) in the weeks ahead with estimates ranging from $40 billion to $60 billion over the next month.

The Treasury can't have it both ways. They can't expect us to pay higher tax, fuel and utility bills while keeping the economy afloat by shopping in the high street.

The Treasury Department's very careful in going through, accumulating and analyzing this evidence in coordination with other parts of the U.S. government." ()

The Treasury Department will continue to take action as necessary to protect against threats to our financial system and our institutions.

The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done.

The Treasury did almost as much in one day as the Federal Reserve has done in a year.

The Treasury is issuing $37 billion worth of additional supply and that's leading to some indigestion in the markets as well.

The Treasury market has come to grips with the notion that stocks have recovered,

The Treasury market is already nervous and we have data coming out that can make the market even more stressed. Some of the stress in the U.S. has been passing through the market here.

The Treasury market likes the headline because it was weaker than what it thought.

The Treasury market rally may be a bear trap, ... The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.

The Treasury market rally may be a bear trap. The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.

The Treasury market will initially trade off oil and gasoline prices on Monday,

The Treasury tends to follow through with changes in new issuance when it forewarns of possible changes,

While the Treasury supply is a big growth number, it doesn't overwhelm basic rate fundamentals and what's going on in both the domestic and global economy.

We see the trend of Treasury purchases continuing.