The bill raises the debt ceiling by $5 trillion, and Treasury Secretary Bessent stated Treasury will take its time refilling the Treasury General Account rather than flooding the market with debt immediately, which has calmed fixed income markets regarding near-term issuance.
factualpending
Speaker
Dan CliftonEvidence Quote
“they're going to take their time refilling the Treasury General account... so that they don't have to put a lot of debt on the market almost immediately”
Source
Big Beautiful Bill, Write-Off Revolution & Tariff Tempest — The Friday Market Wrap!— Steve EismanCreated: 6/18/2026, 2:31:55 PM
My Notes
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