U.S. military aid to Israel and Ukraine is helping to push this fiscal year’s budget deficit from the $1.4 trillion estimated in February to $1.9 trillion, the nonpartisan Congressional Budget Office (CBO) has projected.
Tag: treasury bonds
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INVESTORS GO LONG IN LONG-DATED BONDS
Blackrock, Janus Henderson, Pacific Investment Management (Pimco), and Vanguard are among the growing number of money managers padding their portfolios with treasury bonds maturing in 10 years or longer.