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US Economy Falling Short of Official Forecasts Pressures Markets

The TBAC is a committee of Primary Dealers tasked by the Fed to provide it with a quarterly forecast of how much Treasury debt will be needed to cover the deficit for the current and next quarters. It has persistently overestimated the strength of the US economy and government tax collections this year. Treasury supply… The post US Economy Falling Short of Official Forecasts Pressures Markets was originally published at The Wall Street Examiner.
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