Treasury’s Cash Pile Jumps Most Since September on Tax Day

Tax‑day inflows jolted the US Treasury’s cash balance on Wednesday, lifting it by the most since September, a shift that briefly pulled liquidity out of the financial system even as...

By Alex Harris · Bloomberg Markets

Tax‑day inflows jolted the US Treasury’s cash balance on Wednesday, lifting it by the most since September, a shift that briefly pulled liquidity out of the financial system even as pressures remained contained.