The federal government plans to borrow $1.369 trillion over the next six months, the U.S. Department of Treasury announced on Oct. 28.
According to the latest Marketable Borrowing Estimates, the Treasury expects to borrow $546 billion from October to December. This is $19 billion lower than the department’s July announcement, “largely due to a higher beginning-of-quarter cash balance partially offset by lower net cash flows.”
