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<p>$SPX $SPY Treasury drawdown pause followed by a late summer/early fall outflow.  
  https://t.co/ybTGVIGB2G

CASH BALANCE
Treasury is assuming a $900 billion cash balance at the end of June. However, based on current projections for the upcoming refunding quarter, Treasury estimates that the size of the Treasury General Account (TGA) could peak at $1 trillion (plus or minus $50 billion) in late July.  This figure is consistent with Treasury’s long-standing cash balance policy and is driven by the large outflows expected to occur at that time.</p>

$SPX $SPY Treasury drawdown pause followed by a late summer/early fall outflow.  
  https://t.co/ybTGVIGB2G
CASH BALANCE
Treasury is assuming a $900 billion cash balance at the end of June. However, based on current projections for the upcoming refunding quarter, Treasury estimates that the size of the Treasury General Account (TGA) could peak at $1 trillion (plus or minus $50 billion) in late July.  This figure is consistent with Treasury’s long-standing cash balance policy and is driven by the

$SPX $SPY Treasury drawdown pause followed by a late summer/early fall outflow. https://t.co/ybTGVIGB2G CASH BALANCE Treasury is assuming a $900 billion cash balance at the end of June. However, based on current projections for the upcoming refunding quarter, Treasury estimates that the size of the Treasury General Account (TGA) could peak at $1 trillion (plus or minus $50 billion) in late July. This figure is consistent with Treasury’s long-standing cash balance policy and is driven by the large outflows expected to occur at that time.

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