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New U.S. Treasury final rule supports state and local spending for an equitable economic recovery

CFO News Room

Department of the Treasury last week released its final rule for the $350 billion in State and Local Fiscal Relief Funds (SLFRF) provided by the American Rescue Plan Act (ARPA). The rule also encourages state and local governments to spend the fiscal relief rapidly and directly, prioritizing economic recovery and equity.

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U.S. Treasury Yields Climb After Strong Jobs Report

CFO News Room

Shorter-term Treasury notes led the yield gains following the jobs report. The Treasury Department building in Washington. Treasury note was 1.883%, according to Tradeweb, compared with 1.825% Thursday. Photo: Stefani Reynolds/Bloomberg News. government bond yields climbed sharply after a strong January jobs report.

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Treasury professionals: The hardest-to-manage risks

Future CFO

Treasury professionals see macroeconomic risk as one of the hardest to manage. According to Association For Financial Professionals’ 2023 AFP Risk Survey, 43% of treasury professionals consider macroeconomic risk —the pace of GDP growth, inflation and interest rates —to be one of the most challenging risks to manage.

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Treasury in the new “normal”… the day after

Simply Treasury

It is quite legitimate to ask the question: "After such a huge financial crisis, what will become my treasury department?" Each treasurer must think how to "sell" how treasury could have done better and how to strengthen the structure in future. More appropriate reports and customized dashboards at the CFO must be revisited.

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Hiring soars, validating Fed’s ‘higher for longer’ path

CFO Dive

The yield on the benchmark 10-year Treasury note surged after the September payrolls report on expectations of strong economic growth.

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905: The Future CFO Among Us | Sruthi Lanka, CFO, Public.com

CFO Thought Leader

Sruthi Lanka is clearly not the only CFO who began her professional career at blue chip investment house Goldman Sachs. However, she may be one of the only CFOs—if not the only one—who can trace her career roots to Goldman’s technology engineering team. Back in 2009, as the economic downturn dispatched a daily dose of […]

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How global treasurers and CFOs should approach an erratic economy

Future CFO

Faced with ongoing market volatility, the enterprise C-suite is leaning on its treasury teams like never before to protect company assets and to (ideally) also capitalise on competitive opportunities emerging from an unstable macroeconomic climate. This article discusses some of the key takeaways from that report.