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, the department projects borrowing of $628 billion. The Treasury borrowed $190 billion in the second quarter, ending June with $919 billion. Investors await debt issuance plans amid market volatility and inflation concerns.

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,…