US Treasury Announces New Securities Issuance Estimates

Summary:
New UST issuance estimates for July/Aug/Sept quarter now assuming an imminent suspension of the 'debt ceiling':   1b increase.TGA target balance for end of this quarter is also increased to 0b almost 0b higher than recent.  Close to a 0b decrease in Reserve Assets at the Depositories in about 2 months time...Fed still planning on lowering reserves at the system level by another b per month for those same two months so another b reduction there over the same August-September time interval.Latest H.4.1 reported Reserves at Depositories at ,525T so balances of these non-risk assets at the banks may fall well below .5T in the next two months .. towards .2T. PRESS RELEASE: US Treasury Announces Marketable Borrowing Estimates https://t.co/CNJ8akPK91 — LiveSquawk

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