Cash-strapped Treasury Department sells one-day bills for the first time since 2007

Cash-strapped Treasury Department sells one-day bills for the first time since 2007

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Treasury Secretary Janet Yellen. Drew Angerer/Getty Images The Treasury Department auctioned $15 billion in one-day cash management bills on Friday. That marks the first time since 2007 that the government sold such short-term debt. The Treasury's cash balance hit $48.5 billion on Wednesday. The…

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