Report To The US Secretary Of The Treasury From The Treasury Borrowing Advisory Committee
<p class="Body">May 2, 2023</p> <p>Letter to the Secretary</p> <p>Dear Madam Secretary:</p> <p>Since the last TBAC meeting, markets have focused on the outlook for US economic growth, inflation, and Fed policy. In March, emergent risks to financial stability increased market attention on downside risks to economic activity and Fed policy rates, provoking extraordinary volatility in short-term Treasury yields. More recently, risks around the debt ceiling have led to some distortions in the T-bill yield curve, and mea...
Source: mondovisione.com