Treasury Cash Balance Means Fewer Bills-n-Bonds to Be Sold (for now)

Fewer notes too but they're not alliterative.

From the ZH eXtwitter feed:

Treasury cash soars by $173BN on April 15 to $897BN, as taxes come in; this is the highest in two years and gives TSY $150BN in stimmy dry powder (less Bill issuance, less RRP drain). pic.twitter.com/tqa7vFE90w

— zerohedge (@zerohedge) April 16, 2024