Federal deficit hits $409 billion in October as Treasury borrowing rises

The wider October shortfall, driven partly by payment timing, adds pressure on Treasury debt management and fiscal policy.

• FFortuneAfter a summer of reorganizing public debt, the Treasury borrowed more than $100 billion a week in October (opens in a new tab)
• YYahoo FinanceAfter a summer of reorganizing national debt, the Treasury borrowed more than $100 billion a week in October (opens in a new tab)