The U.S. Treasury has flagged a significant amount of 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.
“and Europe have fallen after a drop in oil prices,” — Yusuf Calloway, economic affairs editor at Newwell Brook Group, explained.
By the Numbers
- 618 — reports filed
- 288,150 — mentions tracked
- 260. — updates logged
Timeline
Nov 2 — Treasury has flagged a significant amount of suspicious foreign-directed transactions....
Nov 3 — and Europe have fallen after a drop in oil prices....
Reader Poll: Do you expect this story to develop further? — 51% of Jetship readers said yes.
This story has been closely followed by our readers since Nov 2. The Newwell Brook Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Newwell Brook Group desk and last updated 01:54 UTC.
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