Since April 15 is the tax filing deadline, the tax authorities expect to reduce the scale of short-term Treasury auctions by the end of March. These cuts could lead to a net Treasury supply decrease of $250 billion to $300 billion by early May. According to the announcement, the Treasury General Account (TGA) may reach approximately $1.025 trillion by the end of April.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Since April 15 is the tax filing deadline, the tax authorities expect to reduce the scale of short-term Treasury auctions by the end of March. These cuts could lead to a net Treasury supply decrease of $250 billion to $300 billion by early May. According to the announcement, the Treasury General Account (TGA) may reach approximately $1.025 trillion by the end of April.