Treasury General Account
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Raoul Pal· 2025-10-30 12:53
Government Finance - The Treasury General Account (TGA) balance is increasing due to the government shutdown, as receipts are received and debt is issued [1] - The TGA opening balance reached $965 billion [1] - The TGA balance increased by approximately $150 billion in October [1] - The $150 billion increase in the TGA represents cash coming out of the market [1]