US Federal Revenues Pro Trader Report

Analysis of real time Federal revenues as they signal economic activity and likely changes in Treasury supply. Available to subscribers to the weekly Federal Revenues Pro Trader Report. Click here to subscribe. Subscribers, click the post headline to access reports.

Fed Balance Sheet Review – Treasury Deposits Started Shrinking Last Week

The Treasury’s balance at the Fed has begun to decline from the record level it reached in early May as tax payments due on April 15 continued to be processed. The government is now spending the massive tax windfall. With tax demands now lower, the government’s spending should give the economic data a little bump…