U.S. Treasury cuts fourth-quarter financing forecast
The U.S. Treasury said on Monday it plans to borrow $546 billion in the fourth quarter of this year, $19 billion below its July estimate. The cash balance is expected to be $700 billion at the end of December, the Treasury said in a statement. The cash balance at the end of March 2025 is expected to be $850 billion, and $823 billion will be borrowed in the first quarter of 2025. The Treasury issued $762 billion in net debt in the third quarter and had a cash balance of $866 billion as of the third quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Arthur Hayes Suspected of Accumulating 7.66 Million BIO Tokens Worth Approximately $1.1 Million

Pansen Macro: The European Central Bank May Still Cut Rates Again in September
Willy Woo: MCR Risk Signal Is Declining, Liquidity Is Returning
Trending news
MoreCrypto prices
More








