​Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 – Tyler Durden

Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 Ahead of today’s big event – the Treasury borrowing estimates publication – we said not to expect any fireworks and also that unlike recent spikes, the most likely range of calendar Q3 and Q4 borrowing estimates is $750BN for the July-September quarter and $450BN for the October-December quarter (which assumes a year-end cash balance of $650 billion). And at exactly 3:00pm the Treasury published the anticipated numbers, which came close to our estimates for Q3, but well above our forecast for Q4, specifically: Q3 funding needs were revised…  — Continue at ZeroHedge News : Read More