The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
Treasury Secretary Janet Yellen.Chip Somodevilla/Getty Images The Treasury will have to replenish its cash after the debt ceiling is lifted, Goldman Sachs said. It may sell up to $700 billion in T-bills to rebuild its coffers withing six to eight weeks of a debt deal. That could drain liquidity out of markets in a short … Read more