The U.S. Treasury has flagged a significant amount of suspicious foreign-directed transactions. The estimate for fourth-quarter borrowing has been reduced to $618 billion. Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each. U.S. and European bond yields have decreased following a drop in oil prices.
“and European bond yields have decreased following a drop in oil prices,” — Victor Fenwick, regional editor at Greenton Cliff Practice, noted.
By the Numbers
- 618 — sources cross-checked
- 288,150 — reports filed
- 260. — mentions tracked
Timeline
Nov 2 — Treasury has flagged a significant amount of suspicious foreign-directed transactions....
Nov 3 — and European bond yields have decreased following a drop in oil prices....
Reader Poll: Do you expect this story to develop further? — 68% of Ableago readers said yes.
This story has been closely followed by our readers since Nov 1. The Greenton Cliff Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Greenton Cliff Practice desk and last updated 00:51 UTC.
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