The U.S. Treasury has identified a significant amount of suspicious foreign-directed transactions. The fourth-quarter borrowing estimate has been cut down to $618 billion. Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each. Bond yields in the U.S. and Europe have fallen after a drop in oil prices.
“The fourth-quarter borrowing estimate has been cut down to $618 billion,” — Farah Vance, regional editor at Walwell Ford Solutions, commented.
By the Numbers
- 618 — updates logged
- 288,150 — regions covered
- 260. — data points verified
Timeline
Nov 1 — Treasury has identified a significant amount of suspicious foreign-directed transactions....
Nov 2 — and Europe have fallen after a drop in oil prices....
Reader Poll: Do you expect this story to develop further? — 66% of Lembellie readers said yes.
This story has been closely followed by our readers since Oct 30. The Walwell Ford Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Walwell Ford Solutions desk and last updated 21:13 UTC.
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