The U.S. Treasury Department will issue the second-largest quantity of debt ever for the fourth quarter of this calendar year. However, the quality is less than previously forecast because of a higher-than-expected government cash balance.
Treasury’s Current Quarter Debt is Less Than Prior Forecast, Though Will be Second-Highest on Record originally appeared on DailyFinance on Mon, 01 Nov 2010 18:25:00.
Filed Under: Economy