(Bloomberg) -- With more than a month until the U.S. debt-ceiling suspension ends, the bills market is already beginning to show signs of angst about when the Treasury might have to again curtail borrowing. The Treasury said Wednesday that extraordinary measures will allow it to keep financing the government through January if Congress fails to provide a debt-ceiling fix by the time the limit suspension ends on Dec. 8, but it couldn't say precisely when these might run out. Short-term investors are already demanding more for debt maturing Feb. 1 to avoid being caught holding securities that are vulnerable to a technical default -- bills due on that day currently yield 1.16 percent compared with 1.13 percent for securities due a week later.
To contact the reporter on this story: Alexandra Harris in New York at aharris48@bloomberg.net.
To contact the editors responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net, Sophie Caronello
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