The US Treasury Department raises third quarter borrowing expectations, expecting it to exceed $1 trillion.

According to the Wise Finance APP, the US Department of the Treasury announced on Monday that due to low government cash reserves in early July and an expected decrease in cash inflows in the coming months, it is projected that net borrowing will exceed $1 trillion in the third quarter of 2025 (July to September). This figure is significantly higher than the previously announced expected value of $554 billion in April.