News list for " adjust second quarter"
On April 29, the US Treasury said on Monday that it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to lower cash balances at the beginning of the quarter and lower net cash flow projections. The Treasury said in a statement that the second-quarter financing estimate assumes a cash balance of $850 billion at the end of June. Excluding the lower-than-expected cash balance at the beginning of the quarter, the second-quarter borrowing...
The US Treasury on Monday said it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to a low cash balance at the start of the quarter and a lower forecast of net cash flow. The second-quarter financing estimate assumes a cash balance of $850 billion at the end of June, the Treasury said in a statement. Excluding the lower-than-expected cash balance at the start of the quarter, the second-quarter borrowing estimate is $53 billion lowe...
