Treasury Bills Offer Stock-Like 5% to Take Fed, Debt-Limit Risk

(Bloomberg) — For the first time in nearly two decades, investors can earn more than 5% on some of the safest debt securities in the world. That’s competitive with riskier assets like the S&...

US Budget Deficit Widens Rapidly, Threatening Debt-Limit Timeline

(Bloomberg) — The federal budget deficit is widening rapidly, according to the latest estimates by the Congressional Budget Office, raising the risk of the Treasury running out of cash earlier t...