A few big-name firms on Wall Street are bracing for at least a half trillion dollars of net Treasury-bill issuance for the third quarter. The Treasury Department is gearing up to deliver its first big plans for borrowing during the current quarter since President Donald Trump signed his sweeping package of tax and spending cuts into law on July 4. The passage of Trump's budget law, known as the One Big Beautiful Bill Act, has opened the door to the likelihood that the government will need to issue a flood of short-term Treasury bills to finance its deficit - which the nonpartisan Congressional Budget Office estimates ... (full story)