US Q2 Treasury borrowing estimate soars to $514 billion ...Middle East

Sees $514 billion in Q2 borrowingPreviously saw $123 billionAssumes end-of-quarter balance of $850 billion

I wouldn't get too excited about the shift but it raises the stakes for Wednesday's quarterly refunding announcement at 8:30 am ET ( the same time as Q1 GDP).

This article was written by Adam Button at www.forexlive.com.

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