Your Daily Brief For November 2nd

Your Daily Brief For November 2nd

about 1 month ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll look at what the US Treasury's borrowing estimates for the next six months mean for bonds.

"The US Treasury cut its borrowing estimate for the current quarter, but the new estimate still marks a record figure for the calendar fourth quarter."

Key takeaways:

  • The US Treasury reduced its borrowing projection for the current quarter and revealed a higher-than-anticipated forecast for the next one
  • Asia hasn't been immune to slowing growth in the US, with recent data showing that manufacturing activity in October dried up


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