The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

Washington: Treasury Secretary Scott Bessent has told US lawmakers that his department's ability to use special accounting ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates ...

Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the ...

There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, ...

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

The same year, Moody’s changed its outlook for US creditworthiness from stable to negative. In March, Moody’s warned about the ballooning cost of financing the government’s debt due to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US government debt rose on Monday as investors scooped up Treasuries following a rout last week driven by ...

US Treasuries will remain a dominant safe-haven asset amid limited alternatives, supported by potential US government interventions to stabilise the market despite short-term volatility, according ...