Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The U.S. government has accumulated a USD1.268 trillion budget deficit through the first nine months of fiscal year 2024, including a USD66 billion deficit in the month of June.
The year-to-date budget deficit is down 9% compared to the same point in 2023. The Treasury reported Thursday receipts increased 10% compared to last year, while outlays were up 5%.
The federal government has paid USD868 billion in interest payments on the debt through nine months, more than what was spent on national defense (USD644 billion) and up 33% compared to this point in fiscal year 2023. The U.S. paid USD140 billion on interest on the public debt in the month of June.
Source: Treasury Department
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.