Bessent Faces First Debt Test at Treasury as Musk Looms
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Bloomberg reporters answer questions about Trump's EU tariff threats and the impact it could have on markets in a Live Q&A at 8 a.m. EST/1 p.m. GMT. Listen here.
Despite the billions of dollars at stake, the US Treasury’s quarterly announcement about how it plans to raise debt is often just a matter of passing interest. Traders tune in to hear about coming bond sales, but swiftly move on given the department’s commitment to be “regular and predictable.”