#debt-market

#debt-market

In the next several years, U.S. Treasury Secretary Scott Bessent expects the stablecoin market to be $3.7 trillion in size. If that sum represented short-term treasuries, it would represent 64% of all U.S. short-term treasuries outstanding.

PennyMac's offering aims to redeem its 5.375% senior notes due 2025, utilizing proceeds for corporate purposes amid an ongoing active debt market for mortgage firms.