U.S. Treasury expects to borrow $1T for Q3, higher than earlier announced

Just do want to get some news though first out of the Treasury Department. Megan Cassella has those details. Hi Megan.>> Hey Mike. So Treasury's latest borrowing estimates are out and it's a big number this time. Treasury expecting to borrow just over a trillion dollars in the July through September quarter.That's $453 billion more than what they announced back in April. Now Wall Street had been expecting borrowing to increase, but this is a bigger jump than estimates that I had seen. But Treasury officials ...