The U.S. Treasury has flagged $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. Bond yields in the U.S. and Europe have fallen after a drop in oil prices.
“Ecofin Global Utilities and Infrastructure Trust sold 288,150 Treasury shares at 260.78p each,” — Simone Whitfield, contributing analyst at Newburn Brook Group, observed.
By the Numbers
- 8 — updates logged
- 618 — regions covered
- 288,150 — data points verified
Timeline
Nov 1 — Treasury has flagged $8 billion in suspicious foreign-directed transactions....
Nov 3 — and Europe have fallen after a drop in oil prices....
Reader Poll: Has this affected your local community? — 58% of Eecardioheal readers said yes.
This story has been closely followed by our readers since Nov 3. The Newburn Brook Group desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Newburn Brook Group desk and last updated 22:12 UTC.
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