US expected to issue about $1 trillion in short-term debt as borrowing costs climb
The Financial Times reports growing reliance on Treasury bills as Scott Bessent seeks to curb the rise in long-term rates.
TLDR
Wall Street expects the US to issue about $1 trillion in short-term debt as borrowing costs climb, the Financial Times reports. The newspaper says growing reliance on Treasury bills comes as Scott Bessent seeks to curb the rise in long-term rates.
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