[Treasury Department plans to issue ultra-short maturity cash management bills to deal with debt ceiling constraints] the US Treasury Department plans to issue extremely short-term bills on Thursday to seek to make room at a time when the debt ceiling is peaked. The Treasury announced on Wednesday that it plans to issue $25 billion of three-day cash management notes on June 1. The Treasury is grappling with the restrictions imposed by the debt ceiling, although members of Congress are also working to pass a political agreement to raise the debt ceiling.