The U.S. Treasury has revealed 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. Bond yields in the U.S. and Europe have fallen after a drop in oil prices.
“The estimate for fourth-quarter borrowing has been reduced to $618 billion,” — Lena Ostrowski, economic affairs editor at Wraywell Stow Group, commented.
By the Numbers
- 618 — mentions tracked
- 288,150 — updates logged
- 260. — regions covered
Timeline
Nov 2 — Treasury has revealed a significant amount of suspicious foreign-directed transactions....
Nov 3 — and Europe have fallen after a drop in oil prices....
Reader Poll: Do you expect this story to develop further? — 54% of Spanien-inside readers said yes.
This story has been closely followed by our readers since Oct 30. The Wraywell Stow Group 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 Wraywell Stow Group desk and last updated 01:09 UTC.
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