U.S. Treasury Watch: U.S.-China Economic Dialog Set for TodayBy
Treasury Watch, a daily snapshot of selected content on the U.S. Treasury and government finances.
What to Watch
- Today: U.S.-China economic dialog, sponsored by Treasury and Commerce departments
- July 20: Auction of $13 billion in 10-year TIPS
- July 20: Treasury counselor Craig Phillips at Financial Research Advisory Committee in New York
As of July 15, the Treasury reported a total operating balance of $201.413 billion and $19.845 trillion in outstanding public debt. The current debt limit is about $19.8 trillion.
Through June, the U.S. paid $375.6 billion in interest expense for the fiscal year ending Sept. 30. The average interest rate on interest-bearing debt was 2.268 percent in June 2017 compared to 2.267 percent a year earlier.
The Federal Reserve Bank of Dallas, in its monthly report, estimates that the market value of U.S. debt is almost $20.4 trillion.
The Treasury has raised $359 billion in new cash this fiscal year through the sale on bills, notes and bonds.
China Increases U.S. Treasury Holdings for Fourth Straight Month
Mnuchin Says U.S. Wants to Level Playing Field on China Trade
Text of Mnuchin Remarks to U.S.-China Business Council
U.S. Treasury Investor Optimism Increases This Week
For Treasury Secretary Mnuchin news and profile, click HERE
For U.S. Treasury news, click HERE
For U.S. Treasury website, click HERE
For Treasury and Money Markets Monitor, click HERE