U.S. Treasury activates another maneuver to avoid breaching debt limit


U.S. Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to avoid breaching the federal debt limit, suspending daily reinvestments in a large government retirement fund that holds Treasury debt, the department said.
In a letter notifying Congress of the move to access the Government Securities Investment Fund (G Fund), Yellen did…

This story appeared on reuters.com, 2023-01-24.
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