The market’s best hope for clarity on spending and funding needs could come from confirmation of the government’s stimulus package in the coming days. But with a $2 trillion gap between the Republican and Democratic proposals, that may be a long shot. They’re unprecedented numbers either way, so the days of predictable and staid money markets are unlikely to return any time soon.

“We’ve run those sort of deficits only during the Second World War,” Goldman’s Korapaty said. “You should expect incredible levels of volatility in cash balances, in bill supply numbers.”

--With assistance from Elizabeth Stanton.

This article was provided by Bloomberg News.

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