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TBAC Meeting Minutes Released

This is always interesting reading. I haven’t read it yet, and post it here for your amusement. I’ll include my comments in the next Professional Edition Treasury update tomorrow evening. Minutes of the Meeting of the Treasury Borrowing Advisory Committee the Securities Industry and Financial Markets Association January 31, 2012 The Committee convened in closed…

Treasury Announces Sharply Reduced Borrowing Estimates

Consistent with reports in the Wall Street Examiner Professional Edition Treasury Updates, the government will borrow less in the first quarter than it had originally forecast, primarily due to a big increase in withholding taxes since mid December. It is also estimating a much lower borrowing rate for the second quarter, meaning that its economic…