Reported 11 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