Treasury will issue $170 billion in T-bills right around the X-date

Treasury will issue $170 billion in T-bills right around the X-date

- The Treasury Department plans to issue $170 billion in T-bills right around the X-date. - The auctions will settle on June 1, which could be when the government runs out of money. - Meanwhile, the government's cash balance has dipped below $50 billion. The Treasury Department plans to issue about $170 billion in bills around when the government is expected to run out of cash unless lawmakers raise the debt ceiling. On Tuesday, the Treasury will auction $119 billion …