The U.S. Treasury Department is seeking input from primary dealers on how to rebuild its cash balance after the debt ceiling increase, aiming to issue more Treasury bills to reach $500 billion by July’s end. Congress recently passed a bill adding trillions in debt over the next decade. Treasury is surveying banks on factors to consider in bill issuance and market capacity to absorb more bills without price deviations. Secretary Bessent plans to rely more on bills due to budget deficit challenges. President Trump criticizes Fed Chair Powell for slow interest rate cuts. Treasury also seeks feedback on enhancing its buyback program.

Read more at Yahoo Finance: Treasury seeks dealer input on market capacity for T-bill issuance