US Treasury to borrow US$243b in 2Q, higher than January forecast
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The US Treasury plans to borrow US$243 billion in the second quarter, which is higher than the forecast made in January. This increase in borrowing is due to the government's need for funds to support its spending initiatives. The Treasury will issue a range of securities, including bills, notes, and bonds, to meet its borrowing needs. The higher borrowing amount reflects the ongoing economic challenges faced by the US government. The Treasury's borrowing plans are subject to change based on market conditions and the government's funding requirements.
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https://www.nst.com.my/business/economy/2024/05/1044939/us-treasury-borrow-us243b-2q-higher-january-forecast