Updates on US Treasury finances and borrowing plans
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– The usual data on Fed balance sheet and Finance Ministry figures were released.
– The US Treasury received only $57.4 billion in the week ending June 14, leaving $134.9 billion in their accounts, which falls short of their target for the end of the month.
– Despite concerns about a liquidity crisis due to increased borrowing, this has not occurred yet.
– The US Treasury plans to borrow around $115 billion next week. [/s2If]
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