US Treasury refunding update: $243 billion vs $202 billion prior ...Middle East

Initial Treasury estimates for the April-June quarter were $202 billionThe previous estimate was $202 billion from late JanuaryThere was some talk this could be revised lower because of higher receipts but it's been the exact opposite, with borrowing swelling by $41 billion. This is not good for bonds. This article was written by Adam Button at www.forexlive.com.

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