Finance News
How Treasury Auctions Work and Set Yields
Treasury auctions are the process by which the U.S. government sells bills, notes, bonds, TIPS, and FRNs through sealed single-price bidding, a format used for…
Author
Jacob Hoffman
Independent editorial contributor covering markets, digital assets, risk and personal finance.
Articles by Jacob Hoffman
Finance News
How the Debt Ceiling Works and What It Limits
The debt ceiling caps what the Treasury may borrow to pay obligations Congress has already enacted, a limit changed close to 80 times since 1960 and set at…
Finance News
Fed Balance Sheet Runoff: Where QT Stands in 2026
The Federal Reserve ceased balance sheet runoff on December 1, 2025, after securities holdings fell by more than $2.2 trillion since June 2022, per the Fed's…
Crypto
What Stablecoins Are and How They Hold Value
Stablecoins are crypto tokens designed to hold a fixed value against a reference asset, and their pegs rest on reserves, redemptions, and disclosure rather than…
Finance News
December 2025 Jobs Report: What the Data Showed
Nonfarm payrolls rose 50,000 and unemployment fell to 4.4 percent in December 2025, while October and November payrolls were revised down by a combined 76,000,…