US Treasury raises Q3 borrowing estimate to $739B, up $68B from May's forecast. Here's what the revision means for yields, stablecoins, and

US Treasury raises Q3 borrowing estimate to $739B, up $68B from May's forecast. Here's what the revision means for yields, stablecoins, and

The US Treasury anticipates borrowing $739 billion in the third quarter. This borrowing estimate reflects lower cash flows and a stronger opening balance. For the fourth quarter,…