The U.S. Department of the Treasury plans to increase the TGA balance to approximately $1 trillion

Mars Finance News, June 8 — The U.S. Treasury Department plans to increase the balance of the General Account (TGA) to approximately $900 billion by the end of June, and to about $1 trillion by the end of July. Analysts believe that replenishing the TGA will withdraw liquidity from the financial system, and currently, the balance of the U.S. reverse repurchase agreement (RRP) tool has fallen from a high of over $2.5 trillion in 2022 to less than $100 billion. Future debt issuance may further consume bank reserves, putting pressure on risk assets such as Bitcoin.
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