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Updated · Bloomberg · Apr 16US Treasury Cash Reserves Surge by $145 Billion Following Tax Day Inflows
2 articles · Updated · Bloomberg · Apr 16
- The US Treasury’s cash balance surged by $145 billion on Tax Day, marking the largest one-day increase since September.
- This influx raised the Treasury’s total cash pile to $924 billion, the highest level since March 17.
- The jump, driven by April 15 tax inflows, briefly reduced financial system liquidity, though overall pressures remained contained.
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