Treasury bills

(Newser) - A little known—but closely followed—indicator that contrasts the differences in yield between 2- and a 10-year government securities suggests the economic downturn in the developed world is likely to hang around a lot longer, reports the Wall Street Journal. Yield curves generally are narrow when the economy is...

(Newser) - The bailout and other government spending are adding on to an already-enormous US budget deficit, and the next president might well have to raise taxes, no matter who it is, the Christian Science Monitor reports. This fiscal year will put the US down nearly $1 trillion, one nonpartisan group estimates,...