Wall Street Braces for $1 Trillion Debt Wave as Borrowing Costs Rise
📡 Financial Times · 1 min read ·
Part of composite article AI Debt, Iran War, and a $1 Trillion Borrowing Wave: Markets Flash 2008-Style Warning Signs View full article →
Wall Street expects the US government to issue about $1 trillion in short-term debt. This comes as borrowing costs climb.
The growing reliance on Treasury bills comes as Scott Bessent seeks to curb the rise in long-term rates.