The US Treasury Department increases the issuance of short-term bonds, stabilizing the demand for stablecoins and emerging as a new buying force.
According to the Securities Times APP, the US Department of the Treasury announced that it will auction a total of $100 billion worth of Treasury bills with a four-week term this week, reaching a historic high in terms of scale. This plan follows the record-breaking auction of six-week Treasury bills on Tuesday, highlighting the continued preference of the Besant Treasury Department for short-term financing to meet the federal government's expanding spending needs.
Latest