US treasury on a mission to borrow even more money, when will the madness end?
US Treasury to borrow $243 billion in Q2, higher than January forecast
Story by Reuters ….
https://www.msn.com/en-us/money/markets/us-treasury-to-borrow-243-billion-in-q2-higher-than-january-forecast/ar-AA1nSI7L
Excerpt below from full article above.
[By Alden Bentley
(Reuters) -The U.S. Treasury said on Monday it expects to borrow $243 billion in the second quarter, $41 billion more than the January estimate largely due to lower cash receipts, partially offset by a higher cash balance at the beginning of the quarter.
The second-quarter financing estimate assumes a cash balance of $750 billion at the end of June, the Treasury said in a statement.]
Story by Reuters ….
https://www.msn.com/en-us/money/markets/us-treasury-to-borrow-243-billion-in-q2-higher-than-january-forecast/ar-AA1nSI7L
Excerpt below from full article above.
[By Alden Bentley
(Reuters) -The U.S. Treasury said on Monday it expects to borrow $243 billion in the second quarter, $41 billion more than the January estimate largely due to lower cash receipts, partially offset by a higher cash balance at the beginning of the quarter.
The second-quarter financing estimate assumes a cash balance of $750 billion at the end of June, the Treasury said in a statement.]
56-60, M
