The first part of the EE.UU. Treasury Treasury Refund Plan has been published, ECBC FX analysts, Frances Cheung and Christopher Wong.
The next approach is the detailed auction document on Wednesday
“It is estimated that the debt of marketing for the current quarter is 1,007 billion dollars. A materially higher indebtedness was expected mainly to compensate for the deficit of 449,000 million dollars of indebtedness in the second quarter, which was limited by the debt roof. However, the estimate of indebtedness in the third quarter is slightly high: excluding the impact of the impact of the impact of the positions of lower cash, ‘The estimate of indebtedness of the current quarter is 60,000 million dollars higher than announced in April’. “
“The US Treasury still establishes its cash of 850,000 million dollars to be achieved by the end of the third quarter, although we consider that this is unnecessary. However, we hope that the supply of letters will be easily absorbed, with the increases in the balance of TGA being compensated by decreases in the elements of the side of the balancing of the Fed, mainly bank reservations and reservations Banking reserves are maintained above the level of 3 billion dollars after cash reconstruction.
“We hope that auction sizes will remain unchanged during the period from August to October, at least, and probably for another three months (November-January), with a much lower impact of Soma’s redemption. If the US Treasury quarter. ‘”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
