DID Press: US Department of Treasury has announced that it expects to borrow approximately $189 billion in net marketable debt during the April–June 2026 quarter, reflecting a significant upward revision in its financing outlook.
The figure is $79 billion higher than the February projection, driven primarily by weaker-than-expected net cash flows, despite higher-than-anticipated opening cash balances.
For the July–September 2026 period, the Treasury also forecasts additional borrowing of around $671 billion, with cash reserves projected to reach $950 billion by the end of September.
In its latest report, the department stated that actual borrowing in the January–March 2026 quarter totaled $577 billion, while end-of-period cash balances stood at $893 billion.
The Treasury is expected to release further details on debt issuance and refinancing operations in an upcoming briefing in Washington.