US Stock Market: US treasury lifts Q2 borrowing estimate to $189 billion on weaker cash flows
The U.S. Treasury has increased its borrowing outlook for the current quarter due to softer-than-expected cash flows, now projecting $189 billion in net borrowing. Looking ahead, the Treasury anticipates raising $671 billion in the July-September quarter. Market participants are closely monitoring upcoming announcements for further clarity on borrowing plans.
The U.S. Treasury has increased its borrowing outlook for the current quarter due to softer-than-expected cash flows, now projecting $189 billion in net borrowing. Looking ahead, the Treasury anticipates raising $671 billion in the July-September quarter. Market participants are closely monitoring upcoming announcements for further clarity on borrowing plans.
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