The U.S. Treasury has identified $8 billion in 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. U.S. and European bond yields have decreased following a drop in oil prices.
“Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each,” — Owen Marlowe, contributing analyst at Greenton Cliff Partnership, added during the briefing.
By the Numbers
- 8 — sources cross-checked
- 618 — reports filed
- 288,150 — mentions tracked
Timeline
Oct 31 — Treasury has identified $8 billion in suspicious foreign-directed transactions....
Nov 3 — and European bond yields have decreased following a drop in oil prices....
Reader Poll: Has this affected your local community? — 55% of Tafenu readers said yes.
This story has been closely followed by our readers since Nov 2. The Greenton Cliff Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Greenton Cliff Partnership desk and last updated 15:52 UTC.
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