The U.S. government plans to borrow $100 billion in a single Treasury bill auction this week, the largest one-day debt sale in history. The offering is for 4-week Treasury bills and will take place on Thursday. Rising deficits and strong investor demand for short-term government debt are driving the increase. Companies like Goldman Sachs, JPMorgan Chase, and BlackRock may benefit from underwriting and trading activity tied to the auction. Yields on short-term bills remain high, attracting money market funds and institutional investors. This is a developing story that may be updated with more details.

Read more at Quiver Quantitative: U.S. Treasury to Sell Record $100 Billion in Single Debt Auction This Week