Category: fiveyear
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HMRC dismissals for gross misconduct hit five-year high as 179 civil servants sacked
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HMRC sacked 179 staff for serious misconduct in 2024, the highest number in at least five years, according to data obtained through a Freedom of Information request. This represents a 43% increase compared to 2020 when 125 employees were dismissed for similar reasons, accounting for just 28% of all dismissals…
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U.S. Treasury auctions off $70 billion of five-year notes at a high yield of 4.553%
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High yield 4.553% WI level at option time 4.540% Tail: +1.3 basis points versus six averages. -0.1 pressure point Bid to cover: 2.3X versus a six-month average of 2.41X Traders: 19.52% vs. six-month average of 16.0% Direct: 15.44% vs. six-month average of 17.9% Indirect investments: 65.04% vs. six-month average of…