FLASH: Wall Street warns the U.S. may unleash $1 trillion in short-term debt as borrowing costs climb

Wall Street's warning that the US may issue up to $1T in short-term debt suggests heavier T-bill supply and potentially higher front-end yields to clear the market. That mix can tighten financial conditions via higher risk-free rates and funding costs, pressuring risk assets and increasing rate volatility. The immediate transmission is through the USD and money-market liquidity dynamics as issuance shifts toward the front end.