Monday, May 4, 2015

U.S. to Sell Debt This Quarter to Boost Cash Balance

U.S. to Sell Debt This Quarter to Boost Cash Balance Bloomberg The U.S. Treasury Department said it is foregoing its previous plans to pay down debt this quarter and will borrow more to build higher cash reserves. The Treasury will issue $59 billion in net marketable debt in the April-June period, instead of the $7 billion ... and more »...(read more)
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