tldrdailynews.com logo

US Treasury Adjusts Q4 Borrowing Estimate, Bond Market on Alert

1 min read
Source: Treasury
US Treasury Adjusts Q4 Borrowing Estimate, Bond Market on Alert
Photo: Treasury
TL;DR

The U.S. Department of the Treasury has announced its estimates for privately-held net marketable borrowing for the October-December 2023 and January-March 2024 quarters. The borrowing estimate for the October-December quarter is $776 billion, $76 billion lower than previously announced, due to higher receipts and outlays. For the January-March quarter, the borrowing estimate is $816 billion. In the July-September quarter, Treasury borrowed $1.010 trillion and ended with a cash balance of $657 billion. Additional financing details will be released on November 1, 2023.

Topics:businesseconomy#borrowing#cash-balance#economy#financing#marketable-debt#treasury
Share this article
  1. Treasury Announces Marketable Borrowing Estimates  Treasury
  2. Treasury to borrow $776 billion in the final three months of the year  CNBC
  3. Why the Bond Market Is Watching Treasury Over the Fed  Bloomberg Television
  4. US Treasury lowers its Q4 borrowing estimate by $76 billion  Yahoo Finance

Want the full story? Read the original reporting

Read on Treasury