- Reuters
US Treasury keeps auction sizes unchanged through July, launches buyback
The Treasury Department said on Wednesday it intends to keep auction sizes steady for U.S. notes and bonds over the next several quarters, in line with expectations, as it announced total refunding of $125 billion for the May to July quarter. The Treasury's last regular buyback program began in the early 2000s and ended in April 2002. In a statement, the Treasury said it would sell $58 billion in U.S. three-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds next week.
- NBC Sports Philadelphia
Don't count Turnbull out of rotation just yet — Phillies weighing multiple options
Don't close the book of Spencer Turnbull in the Phillies' rotation just yet. The Phils are weighing multiple options, including piggybacking him or alternating him with another starter.
- Associated Press
Union Pacific undermined regulators' efforts to assess safety, US agency says
Union Pacific managers undermined the U.S. government's efforts to assess safety at the railroad in the wake of several high profile derailments across the industry by coaching employees on how to respond and suggesting they might be disciplined, federal regulators say. The meddling was so widespread across Union Pacific’s 23-state network that the Federal Railroad Administration had no choice but to suspend its safety assessment of the company, the agency's chief safety officer, Karl Alexy, told Union Pacific executives in a letter dated last week that labor groups posted online Tuesday. Its president told FRA in a response letter that Union Pacific“did not intend to influence or impede the assessment in any way.”
