The Treasury Department’s use of short-term bills to finance government spending, along with the Federal Reserve’s signal of more rate cuts in 2025, are keeping bond-market yields steady. And this should enable officials to finance the $1.8 trillion budget deficit for fiscal 2025, which ended Sept. 30.
Germany Spy Scandal: BND Intelligence Crisis Threatens European Security
Germany’s intelligence agency faces a major espionage scandal involving former chief August Hanning, raising concerns over national security, allied trust and intelligence reform.
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