The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect ...
Traders who aren't spooked by possible payment delays can pick up some extra yield by buying near the so-called X date.
Treasury Secretary Janet Yellen said the federal government would hit the debt limit set by Congress on Tuesday, prompting the Treasury Department to take “extraordinary” steps to avoid a default.
The US Treasury has $133 billion of extraordinary measures left, in addition to its cash pile, to help keep paying the government’s bills, the department said, citing data as of Feb. 5.
Donald Trump’s first day as President will be spent grappling the US’s A$58 trillion debt ceiling with the Treasury Department forced to impose ‘extraordinary measures’ to avoid defaulting.
The US treasury department will start taking “extraordinary measures” next week to avoid risking a default on government debt, secretary Janet Yellen said Friday, days before President-elect ...