1. Treasury

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  1. About Treasury

    A treasury is any place where the currency or items of high monetary value are kept. The term was first used in Classical times to describe the votive buildings erected to house gifts to the gods, such as the Siphnian Treasury in Delphi or many similar buildings erected in Olympia, Greece by competing city-states to impress others during the ancient Olympic Games.

    The head of a Treasury is typically known as a Treasurer. This position may not necessarily have the final control over the actions of the Treasury particularly if they are not an elected representative.

  2. Quotes about Treasury

    1. Mortgage rates are catching up with increases in U.S. Treasury bond yields placing the average 30-year fixed mortgage rate above 4% for the first time since the end of October 2011.
      In Mortgages: Rates on 30-year mortgage leap above 4%
    2. The Treasury Department has eliminated the most significant barrier to FSA participation, namely consumers' fear of losing their money.
      In IRS eases rules on healthcare flexible spending accounts
    3. One of the reasons we don't really think foreign investors will start selling U.S. Treasuries aggressively is because there are still few alternatives to the Treasury market in terms of depth and liquidity.
      In United States loses prized AAA credit rating from S&P
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