Prepare for the rekindling of the US debt ceiling issue as early as possible and determine the estimated issuance amount of T buildings

2024/7/27 4:36 JST (some excerpts)
Issues relating to the US government cash balance at the end of the year are unresolved - Wrightson
The estimated cash balance announced on the 29th will influence the amount of T buildings to be issued in the future
Wall Street has already begun planning a strategy in preparation for the US federal government's debt ceiling issue to rekindle. In order to determine the future scale of Treasury short-term securities (T building) issuance, they are trying to obtain clues from estimated cash balances announced by the US Treasury Department.　
　　The US Treasury Department will announce estimated values of government loans and cash balances for the period until September and October-December (fourth quarter) on the 29th. There is a possibility that it will be shown to what extent it is necessary to reduce cash on hand until January 2 next year, when the debt ceiling currently suspended from application is restored. If there is a large cash balance, the Ministry of Finance can maintain the issuance scale of T buildings, while if the balance is low, there is a need to reduce the issuance of T buildings.