US Treasury to borrow $189 billion in Q2, higher than expected

fidelity
2026.05.04 19:45
portai
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The U.S. Treasury plans to borrow $189 billion in Q2, exceeding previous estimates by $79 billion due to lower net cash flows, despite a higher cash balance at the quarter's start. The Treasury anticipates a cash balance of $900 billion by the end of June and expects to borrow $671 billion in Q3, projecting a cash balance of $950 billion by the end of September.