U.S. Government Sets Record for Debt Auctions - News Summed Up

U.S. Government Sets Record for Debt Auctions


The Treasury Department auctioned seven-year notes Thursday, closing the door on a record year for sales of longer-term debt in 2019. The auction lifted the total of notes and bonds sold by the U.S. government with maturities ranging from two to 30 years to $2.55 trillion, a 26% increase from 2017, when Congress and President Trump agreed to massive corporate tax cuts. Aggregate...


Source: Wall Street Journal December 26, 2019 17:59 UTC



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