US Treasury to sell more short-term debt in continuation of Biden-era policy
Treasury secretary Scott Bessent previously criticised issuance of short-term bills as means of keeping long-term interest rates stable
Treasury secretary Scott Bessent previously criticised issuance of short-term bills as means of keeping long-term interest rates stable

Government considers increasing issuance of Treasury bills as demand for longer-term bonds fades

Push by Treasury comes as government seeks to cut reliance on long-term debt issuance

US central bank to purchase short-term Treasuries just weeks after it stopped shrinking its balance sheet

Despite past criticism by Scott Bessent and Stephen Miran, the debt strategy persists and is spreading internationally

Treasury secretary’s discussions with crypto groups have helped inform issuance decisions

Gap between long-term and short-term borrowing costs is close to its widest for three years