US treasury borrowing estimate to $947 billion from $677 billion

Author: Greg Michalowski | Category: News

US treasury announces borrowing requirements for the upcoming quarter

  • US borrows $2.75 trillion in April – June quarter. That was below the 3 the trillion dollar estimate but was still a record
  • July – September borrowing estimate to the $947 billion from $677 billion
  • expects to borrow $1.216 trillion in October – December quarter
  • US borrowing estimates assume $1 trillion in additional stimulus

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