The federal government must issue more debt than it expected as cash flow weakens, and 'the bond market is shouting'

AI Summary

The U.S. Treasury Department reveals it must borrow more than initially expected due to weakening cash flow. This development raises alarms in the bond market about the sustainability of U.S. fiscal policy.

The Treasury Department announced this week that it expects to borrow more than anticipated in ‌the current quarter as incoming cash flow ...