US Treasury To Borrow A Record $3 Trillion This Quarter

May 4th 2020 3:59pm EDT

US Treasury To Borrow A Record $3 Trillion This Quarter So much can change in three months. Back on February 3, the Treasury in its quarterly announcement of marketable borrowing estimates was delighted to announce that “During the April – June 2020 quarter, Treasury expects to pay down $56 billion in privately-held net marketable debt, […]

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