Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
The cash-strapped U.S. Treasury, awaiting a resolution to the U.S. debt ceiling impasse, today auctioned $15 billion in T-bills maturing in one day. It marked the first time in 16 years the Treasury, which will issue the bills Monday, issued one-day maturities. As Congress and President Biden have…
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