Treasury’s $1 Trillion Debt Deluge Threatens Market Calm

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The U.S. government could face borrowing at rates near 6%, up from 0.1% less than two years ago

June 7, 2023 12:01 am ETPresident Biden on Friday commended Congress for passing the Fiscal Responsibility Act, suspending the debt ceiling to avoid an unprecedented U.S. default. Photo: Jim Watson/Press Pool

Investors are bracing for a flood of more than $1 trillion of Treasury bills in the wake of the debt-ceiling fight, potentially sparking a new bout of volatility in financial markets.Continue reading your article with

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines