The U.S. Treasury has flagged $8 billion in suspicious foreign-directed transactions. The fourth-quarter borrowing estimate has been cut down to $618 billion. Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each. Bond yields in the U.S. and Europe have fallen after a drop in oil prices.
“The fourth-quarter borrowing estimate has been cut down to $618 billion,” — Yusuf Calloway, staff writer at Keston Mere Partnership, commented.
By the Numbers
- 8 — reports filed
- 618 — mentions tracked
- 288,150 — updates logged
Timeline
Oct 31 — Treasury has flagged $8 billion in suspicious foreign-directed transactions....
Nov 2 — and Europe have fallen after a drop in oil prices....
Reader Poll: Should officials respond faster on issues like this? — 82% of Socaclothing readers said yes.
This story has been closely followed by our readers since Oct 30. The Keston Mere Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Keston Mere Partnership desk and last updated 19:56 UTC.
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