Looks as if US Treasury runs dry: Treasury’s cash pile exploded to record $1.83tn in Jul2020, but has since dwindled to $215bn. A large part of that drawdown was mandated by the reinstatement of debt ceiling at start of Aug. Govt has less of a buffer to pay its bills. (via BBG) h/t Holger Zschaepitz
Our Twitter for Quick Updates: Twitter Follow Us
