The U.S. Treasury has revealed $8 billion in suspicious foreign-directed transactions. The estimate for fourth-quarter borrowing has been reduced to $618 billion. Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each. U.S. and European bond yields have decreased following a drop in oil prices.
“The estimate for fourth-quarter borrowing has been reduced to $618 billion,” — Yusuf Calloway, policy watcher at Elmstone Wick Media, added during the briefing.
By the Numbers
- 8 — sources cross-checked
- 618 — reports filed
- 288,150 — mentions tracked
Timeline
Nov 3 — Treasury has revealed $8 billion in suspicious foreign-directed transactions....
Nov 4 — and European bond yields have decreased following a drop in oil prices....
This story has been closely followed by our readers since Oct 31. The Elmstone Wick Media desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Monday, Nov 9.
Editor's note: this report was prepared by the Elmstone Wick Media desk and last updated 01:41 UTC.
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