---
title: "US Treasury to borrow $189 billion in Q2, higher than expected"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285113856.md"
description: "The U.S. Treasury plans to borrow $189 billion in Q2, exceeding previous estimates by $79 billion due to lower net cash flows, despite a higher cash balance at the quarter's start. The Treasury anticipates a cash balance of $900 billion by the end of June and expects to borrow $671 billion in Q3, projecting a cash balance of $950 billion by the end of September."
datetime: "2026-05-04T19:45:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285113856.md)
  - [en](https://longbridge.com/en/news/285113856.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285113856.md)
---

# US Treasury to borrow $189 billion in Q2, higher than expected

NEW YORK, May 4 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $189 billion in the second quarter, $79 billion higher than the February estimate primarily due to lower than projected net cash flows that were partially offset by higher than expected cash balance at the beginning of the quarter.

The second-quarter financing estimate assumes a cash balance of $900 billion at the end of June, the Treasury said in a statement.

The Treasury also said it expects to borrow $671 billion in the third quarter, as it forecasts a cash balance of $950 billion at the end of September.

(Reporting by Gertrude Chavez-DreyfussEditing by Nick Zieminski)

### Related Stocks

- [VGSH.US](https://longbridge.com/en/quote/VGSH.US.md)
- [TLT.US](https://longbridge.com/en/quote/TLT.US.md)
- [SPTB.US](https://longbridge.com/en/quote/SPTB.US.md)
- [EDV.US](https://longbridge.com/en/quote/EDV.US.md)
- [TBLL.US](https://longbridge.com/en/quote/TBLL.US.md)
- [GOVT.US](https://longbridge.com/en/quote/GOVT.US.md)
- [SHV.US](https://longbridge.com/en/quote/SHV.US.md)
- [IEF.US](https://longbridge.com/en/quote/IEF.US.md)

## Related News & Research

- [This chart shows why AI will eventually mean lower bond yields](https://longbridge.com/en/news/286774916.md)
- [TREASURIES-Yields fall after Trump signals Iran deal talk progress](https://longbridge.com/en/news/287111205.md)
- [TREASURIES-Yields rally after slight dip in early trading](https://longbridge.com/en/news/286919787.md)
- [TREASURIES-Yields on longer-dated bonds hit year-plus highs overnight](https://longbridge.com/en/news/286778191.md)
- [TREASURIES-Yields rise with oil prices, inflation stays stubborn](https://longbridge.com/en/news/286115509.md)