Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
U.S. Treasury balances at Fed fell on Nov. 19
WASHINGTON, Nov 20 (Reuters) - The U.S. Treasury Department daily budget statement for Nov. 19 released on Thursday showed U.S. Treasury balances at the Federal Reserve fell.
It did not show any equity purchases under the Troubled Asset Relief Program.
Following are details on the Treasury's operating cash balance (billions of dollars, except where noted):
Nov. 19 Nov. 18
Fed acct 68.457 74.265
Supplementary financing* 508.956 508.956
Tax/loan note acct 1.722 1.994
Cash balance 579.136 585.216
National debt
subject to limit 10,583.406 10,591.406
The statutory debt limit is $11.315 trillion.
The Treasury said it issued $28 million in individual income tax refunds and $191 million in corporate income tax refunds.
* Supplementary financing program represents funds raised through cash management bills to bolster Federal Reserve's balance sheet and fund market stability initiatives. (Reporting by David Lawder)
