The debt-ceiling deal will raise a new concern: Who will buy the flood of T-bills?
When the battle for the US debt ceiling is finally resolved, the Treasury is expected to unleash a flood of bond issuance to help refill its coffers slumped by the long standoff in Washington, D.C., over the government’s borrowing limit. Treasury bills are debts issued by the United States government that mature within four to …
The debt-ceiling deal will raise a new concern: Who will buy the flood of T-bills? Read More »