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The case for believing in a Bessent put
And yet, not everyone sees the Bessent put as pure whimsy. One believer in the idea is Guneet Dhingra, head of US rates strategy at BNP Paribas, who makes the case that Bessent has more firepower than ...
U.S. Treasury Burns Through $286 Billion in a Month, Raising Default Fears
The U.S. Treasury Department has depleted $286 billion from its cash reserves in March 2025, marking the largest single-month drawdown in American history. This alarming development signals potential ...
US could default on debt as soon as July: Analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, ...
Treasury burned through $286BN of its cash balance in the past month
The US Treasury Department has a dangerously low amount of cash on hand, which puts additional pressure on lawmakers to ...
The New Voice of Ukraine on MSN5d
Ticking debt bomb: US may default as early as spring 2025
Failure by Congress and President Donald Trump to agree on raising the debt ceiling could have severe consequences, Reuters ...