Reported 1 day ago
With a change in leadership at the US Treasury, there are expectations that cash management policies may be reevaluated, especially regarding the cash reserves kept at the Federal Reserve. As the Treasury’s cash balance diminishes, strategies may involve reducing the issuance of short-term debt, potentially resulting in cost savings for taxpayers. Analysts warn that these adjustments could have significant repercussions on the nation's debt market, particularly with the reintroduction of the debt ceiling.
Source: YAHOO