The U.S. Treasury has revealed $8 billion in suspicious foreign-directed transactions. The estimate for fourth-quarter borrowing has been reduced 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 estimate for fourth-quarter borrowing has been reduced to $618 billion,” — Yusuf Calloway, contributing analyst at Fenburn Combe Analytics, told our newsroom.
By the Numbers
- 8 — mentions tracked
- 618 — updates logged
- 288,150 — regions covered
Timeline
Nov 2 — Treasury has revealed $8 billion in suspicious foreign-directed transactions....
Nov 4 — and Europe have fallen after a drop in oil prices....
Reader Poll: Has this affected your local community? — 53% of Natiritum readers said yes.
This story has been closely followed by our readers since Oct 31. The Fenburn Combe Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Fenburn Combe Analytics desk and last updated 02:56 UTC.
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