Reported 8 months ago
The US fiscal deficits are expected to rise, prompting the government to rely more on Treasury bills to fill the budget gaps. Projections indicate deficits exceeding 5.5% of GDP annually from 2024 to 2034, with analysts revising bill sales trajectories. The Treasury is advised to increase issuance of shorter-maturity T-bills, aiming to reach historical levels of 15% to 20% of outstanding debt. Demand remains strong for short-dated government debts, with prospects for increased bill issuance in the future.
Source: YAHOO