The government is making an unprecedented move to fund itself — and it’s raising some eyebrows
128d ago
Business
MarketWatch

In an unprecedented move, the government is set to auction a record $100 billion in Treasury bills maturing in four weeks. This single auction, scheduled for Thursday, aims to address the government's immediate financing needs. The sheer size of the offering has raised concerns among financial analysts, who are closely watching the market's response and potential implications for interest rates and overall economic stability. The move signals a significant shift in the government's approach to short-term debt management.