U.S. borrowing breaks fresh records, shifting focus to the Fed

The U.S. government will push its fundraising to new extremes this quarter to cope with a budget deficit unseen since the country mobilized to fight World War II. The Treasury expanded its plans for borrowing at longer maturities in the coming months, saying Wednesday it will sell a record $112 billion of securities at next week's ...

To purchase a reprint of this article, contact reprints@thedailyrecord.com.

Leave a Reply

Your email address will not be published. Required fields are marked *