The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion.
This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions by the end of the session Monday.
What happened: The U.S. Treasury now expects to borrow $243 billion through the issuance of marketable debt securities, according to an official press release on Monday. That marks an increase of $41 billion from the prior estimates.
In addition, the department provided an update on its Q1 activities, noting that it borrowed $748 billion in net marketable debt and concluded the …
Full story available on Benzinga.com
The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion.
This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions by the end of the session Monday.
What happened: The U.S. Treasury now expects to borrow $243 billion through the issuance of marketable debt securities, according to an official press release on Monday. That marks an increase of $41 billion from the prior estimates.
In addition, the department provided an update on its Q1 activities, noting that it borrowed $748 billion in net marketable debt and concluded the …
Full story available on Benzinga.com
The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion.
This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions by the end of the session Monday.
What happened: The U.S. Treasury now expects to borrow $243 billion through the issuance of marketable debt securities, according to an official press release on Monday. That marks an increase of $41 billion from the prior estimates.
In addition, the department provided an update on its Q1 activities, noting that it borrowed $748 billion in net marketable debt and concluded the …Full story available on Benzinga.com Read MoreGovernment, Macro Economic Events, Macro Notification, SPY, Stories That Matter, Treasury Yields, us debt, us deficit, UUP, Bonds, Broad U.S. Equity ETFs, Financing, Currency ETFs, Forex, Treasuries, Econ #s, Top Stories, Economics, ETFs, SPY, US78462F1030, UUP, US73936D1072, Government, Macro Economic Events, Macro Notification, Broad U.S. Equity ETFs, Bonds, Financing, Currency ETFs, Forex, Treasuries, Econ #s, Top Stories, Economics, ETFs, Benzinga Macro Economic Events
