Treasury General Account: Difference between revisions

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== Developments ==
== Developments ==


=== What could happen after Debt Ceiling Deal 2023? ===
== What could happen after Debt Ceiling Deal 2023? ==
Bill supply will exceed a normal pace because the Treasury will want to replenish their Treasury General Account.
Bill supply will exceed a normal pace because the Treasury will want to replenish their Treasury General Account.


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After the debt ceiling deal is signed, analyst has now expressed worry about the liquidity drain that rebuilding the TGA will mean , combined with the normal QT the FED is doing. It will be like a double negative for liquidty, while before the event it was like a null effect between the two.  
After the debt ceiling deal is signed, analyst has now expressed worry about the liquidity drain that rebuilding the TGA will mean , combined with the normal QT the FED is doing. It will be like a double negative for liquidty, while before the event it was like a null effect between the two.  


==== Different Scenarios it could play out? ====
=== Different Scenarios it could play out? ===


===== Liquidity coming from Reserve Repo =====
===== Liquidity coming from Reserve Repo =====