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3-Month Bills Turmoil Ahead Of March Debt Ceiling Showdown: Bid To Cover Plunges To 8 Year Lows

3-Month Bills Turmoil Ahead Of March Debt Ceiling Showdown: Bid To Cover Plunges To 8 Year Lows

Despite the GOP's tax reform victory, over the past few weeks, Congress once again punted on a formal decision how to keep government funded and what to do with America's debt ceiling and as a result US legislators simply kicked the can on the agreement of raising the nation’s borrowing limit for another few months. However, with the Treasury expected to breach the ceiling as soon as late March, today's $45 billion 3-Month Bill auction was closely watched as it serves as a fresh gauge of investor anxiety about the ongoing impasse.

Trump Slams "Crooked Hillary Pile Of Garbage"-Funded "Bogus" Dossier

Having taken a shot at The FBI on Christmas Eve Eve...

Frontrunning: December 26

  • Analysts Cut iPhone X Shipment Forecasts, Citing Lukewarm Demand (BBG)
  • North Korea likely to pursue talks, says South (Reuters)
  • The quiet probe into Clinton email investigation could be a landmine for Robert Mueller (USA Today)
  • Bitcoin rises 10 percent, recovers from last week's brutal selloff (Reuters)
  • U.S. Retailers Feel Christmas Cheer After a Tough Year (WSJ)
  • Kremlin Sees ‘Unbearable’ Risk to U.S. Ties in New Sanctions (BBG)
  • Murder in America: What Makes Cities More Dangerous (WSJ)

Paul Craig Roberts' Christmas Column 2017: The Greatest Gift Of All

Authored by Paul Craig Roberts,

Dear Donors, thank you for your support in 2017. Although you have kept me working yet another year, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the world. Perhaps some of you will be those people.

 

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