U.S. Treasury raises quarterly borrowing estimate by $6 billion

WASHINGTON (MarketWatch) - The U.S. government expects to borrow $188 billion in the October-December quarter, an estimate that is $6 billion higher than previously projected in August, the Treasury Department said Monday. The latest estimate includes an assumption of an end-of-December cash balance of $390 billion. During the January-March quarter, Treasury expects to borrow $56 billion in net marketable debt assuming a cash balance of $100 billion. During the July-September quarter, Treasury borrowed $222 billion in net marketable debt and ended with a cash balance of $353 billion....(read more)

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