Treasury May Delay Some T-Bill Sales If Debt Limit Not Resolved
- The Treasury announced a "tentative" T-bill auction for Monday, based on whether the debt limit is lifted.
- The auction would occur on June 5, when the government expects to run out of money without a debt deal.
- If Congress acts in time, $65 billion in 3-month bills and $58 billion in 6-month bills would be sold.