U.S. Treasury to raise $1 trillion this quarter selling more short-term debt

The U.S. Treasury is raising the stakes on short-term borrowing, and it’s coming straight from Scott Bessent, the same guy who once swore off this playbook. The department announced on Wednesday that it will ramp up issuance of Treasury bills, debt that matures in one year or less, to help fill a widening gap in […]

Source: cryptopolitan.com (Read Full Article)