Menu Close

4 Week Bill Overshoots TBAC AGAIN!

The US Government just can’t seem to stop its budget and debt woes from getting worse. The size of the 4 week bill announced today is $6 billion more than the Treasury Borrowing Advisory Committee had estimated it would be back in August. The Treasury will overshoot its borrowing estimates this week by a whopping $12 billion. The assumptions underlying the Treasury’s projections continue to be proven wrong week in and week out. Revenues continue to run weaker than expected and outlays continue to be more than expected. On the week the Treasury will borrow $58 billion in new paper. The Fed’s scheduled purchases will barely make a dent in that. This is a runaway train.

Stay up to date with the machinations of the Fed, Treasury, and foreign central banks in the US market, along with regular updates of the US housing market, in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don’t miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and get in RIGHT NOW!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share