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

reuters.com/world/us/us-treasury-activates-another-maneuver-avoid-breaching-debt-limit-2023-01-24

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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