Wall Street believes that United States debt management is moving into a "new world" to move ahead with Vicente
On 27 August, given the more proactive manner in which the United States Treasury Secretary, Scott Besent, managed the United States debt, Wall Street may be moving towards greater adjustments to the Government ' s borrowing strategy in the coming months. According to Deutsche Bank, Morgan Stanley and Citi, one of the more radical options is to reduce the size of long-term bond issuance. It is more likely that the United States Treasury will be able to send a signal at the quarterly refinancing meeting on 4 November that future new financing will rely more on treasury bills and shorter-term national debt, while further expanding buy-back operations to ease the pressure on long-term national debt return rates. This rethinking on Wall Street, traditionally known as “periodic and predictable” for United States policy-making, highlights the uncertainty associated with the Becent operation. Meghan Swiber, Managing Director, Interest Rate Strategy, Bank of the United States, stated that the United States debt market was entering “a new world of debt management”。
