Looks as if US Treasury runs dry: Treasury’s cash pile exploded to record $1.83tn in Jul2020, but

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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

Looks as if US Treasury runs dry: Treasury’s cash pile exploded to record $1.83tn in Jul2020, but

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