The U.S. Treasury has revealed $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. U.S. and European bond yields have decreased following a drop in oil prices.
“Treasury has revealed $8 billion in suspicious foreign-directed transactions,” — Owen Marlowe, senior market analyst at Greyburn Ham Recruitment, observed.
By the Numbers
- 8 — sources cross-checked
- 618 — reports filed
- 288,150 — mentions tracked
Timeline
Nov 2 — Treasury has revealed $8 billion in suspicious foreign-directed transactions....
Nov 5 — and European bond yields have decreased following a drop in oil prices....
Reader Poll: Will this story shape the week ahead? — 86% of 1im readers said yes.
This story has been closely followed by our readers since Nov 2. The Greyburn Ham Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Monday, Nov 9.
Editor's note: this report was prepared by the Greyburn Ham Recruitment desk and last updated 12:09 UTC.
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