The U.S. Treasury is about to flood the market with debt to fund a $1 trillion deficit. Here’s why that is a worry

MarketWatch | Aug 15, 2019 at 4:54 PM
  • There may be some limitations to the U.S. government’s borrowing after all.
  • Despite the rising Treasury debt issuance, investors globally have been buying U.S. government debt, pushing the 30-year U.S. bond
  • Now their need to borrow more cash in short-term money markets, using Treasuries as collateral, to buy even more government debt is pushing up short term rates.