The pickup in repo versus fall-off in bills is likely to persist as the debt ceiling remains unresolved, and market repo ...

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House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda. The proposal, which was ...

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...

Treasury has been using cash and extraordinary measures to pay the nation’s bills in full and on time since January 21, when the US hit its roughly $36 trillion debt ceiling.

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...