{"id":7430,"date":"2023-10-31T05:29:48","date_gmt":"2023-10-31T05:29:48","guid":{"rendered":"https:\/\/infundpros.com\/business\/treasury-set-to-borrow-776-billion-next-quarter-the-most-ever-borrowed-in-the-fourth-quarter\/"},"modified":"2023-10-31T05:29:49","modified_gmt":"2023-10-31T05:29:49","slug":"treasury-set-to-borrow-776-billion-next-quarter-the-most-ever-borrowed-in-the-fourth-quarter","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=7430","title":{"rendered":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter"},"content":{"rendered":"
\n

\n The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a fourth quarter.\n <\/p>\n

\n The forecast is $76 billion less than the estimate Treasury made in August due to higher-than-anticipated tax collections in October. That\u2019s partially a result of deferred tax collections from residents and corporations in states like California where tax deadlines were extended due to extreme weather, Treasury officials said on a call with reporters on Monday.\n <\/p>\n

\n Treasury\u2019s new estimates will inform the size of upcoming auctions for bills, notes, and bonds \u2014 the details of which are set to be released by the agency on Wednesday morning.\n <\/p>\n

\n Yields on Treasury-issued debt immediately slid following the announcement but started to bounce back not long after. Yields have been elevated in recent weeks for a variety of reasons, one of which has been concerns about how much money the government is borrowing.\n <\/p>\n

\n The updated estimate likely means Treasury will issue fewer bonds this quarter than investors were bracing for. When the Treasury issues more bonds it often causes bond prices to go down, which in turn pushes yields up.\n <\/p>\n

\n The Treasury also said it expects to borrow $816 billion in the first quarter of next year. That would also mark a record level of borrowing for a first quarter.\n <\/p>\n

\n Meanwhile, last quarter the government borrowed $1.01 trillion, or $277 billion more than the Treasury initially estimated in May.\n <\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government…<\/p>\n","protected":false},"author":1,"featured_media":7431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-7430","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\nTreasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros<\/title>\n<meta name=\"description\" content=\"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=7430\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros\" \/>\n<meta property=\"og:description\" content=\"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=7430\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-31T05:29:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-31T05:29:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/231019142724-us-treasury-yields.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=7430#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=7430\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter\",\"datePublished\":\"2023-10-31T05:29:48+00:00\",\"dateModified\":\"2023-10-31T05:29:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=7430\"},\"wordCount\":260,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=7430#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=7430\",\"url\":\"https:\/\/infundpros.com\/?p=7430\",\"name\":\"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-31T05:29:48+00:00\",\"dateModified\":\"2023-10-31T05:29:49+00:00\",\"description\":\"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=7430#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=7430\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=7430#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros","description":"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=7430","og_locale":"en_US","og_type":"article","og_title":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros","og_description":"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a","og_url":"https:\/\/infundpros.com\/?p=7430","og_site_name":"inFundPros","article_published_time":"2023-10-31T05:29:48+00:00","article_modified_time":"2023-10-31T05:29:49+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/231019142724-us-treasury-yields.jpg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=7430#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=7430"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter","datePublished":"2023-10-31T05:29:48+00:00","dateModified":"2023-10-31T05:29:49+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=7430"},"wordCount":260,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=7430#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=7430","url":"https:\/\/infundpros.com\/?p=7430","name":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-31T05:29:48+00:00","dateModified":"2023-10-31T05:29:49+00:00","description":"The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=7430#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=7430"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=7430#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7430"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7430\/revisions"}],"predecessor-version":[{"id":7432,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7430\/revisions\/7432"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/7431"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}