U.S. Treasury Set to Borrow $1 Trillion for a Second Year to Finance the Deficit
- John Katz
- Dec 2, 2019
- 1 min read

(Bloomberg) -- The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year. Many strategists at primary-dealer firms predict that this Wednesday’s quarterly refunding announcement will see the Treasury maintain note and bond sales at the record high Read More
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