Treasury Cash at the Fed Tops $967 Billion as Bank Reserves Hit 39-Week Low
Treasury held $967.9 billion at the Fed in the week ended September 2, a four month high, pulling bank reserves to $2.895 trillion, their lowest in 39 weeks.
Laura Adams
Laura Adams is a personal finance expert, spokesperson, and national media source who helps consumers improve their finances by making money easy to understand.
She’s the host of the top-rated MoneyGirl Podcast and award-winning author of multiple books, including Money Girl’s Smart Moves to Grow Rich. Connect with Laura at LauraDAdams.com and on Twitter @LauraAdams.
August Payrolls Jump 162,000 as July Flips to a Gain, Reviving Fed Hike Case
U.S. employers added 162,000 jobs in August and the BLS revised June and July up by a combined 55,000, erasing the reported July decline days before the September 15-16 FOMC meeting.
Federal Debt Adds $404 Billion in August, the Largest Month of Fiscal 2026
US federal debt closed August at $40.18 trillion, up $404.02 billion from July 31, the largest single-month rise of fiscal 2026 and the first month-end close above $40T.
Treasury Sells 7-Year Notes at 4.512%, the Highest Yield Since December 2024
Treasury sold $44 billion of seven-year notes at 4.512% on August 27, the highest stop for the maturity since December 2024, as indirect bidders pulled back.
Real Consumer Spending Stalls in July as Goods Outlays Fall $49.9 Billion
Real consumer spending was flat in July as goods outlays fell $49.9 billion and services rose $86.2 billion, with core PCE inflation stuck at 3.3%.
Average Rate on the National Debt Hits 3.447% as Cheap Notes Roll Off
Treasury's average interest rate on all federal debt reached 3.447% on July 31, the highest since June 2009, as low-coupon notes mature into yields above 4%.
Treasury Sells 30-Year TIPS at 2.973%, the Highest Real Yield Since 2001
Treasury reopened the February 2056 TIPS on August 20, 2026 at a 2.973 percent real yield, the highest at a 30-year inflation-protected auction since October 2001.
30-Year Treasury Yield Closes at 5.31%, Highest Level Since June 2007
The 30-year Treasury yield closed at 5.31% on August 17, the highest since June 2007. Prime held at 6.75% and federal debt neared $40 trillion.
July Retail Sales Fall 0.6 Percent, Denting the September Fed Hike Case
U.S. retail and food services sales fell 0.6 percent in July to $763.6 billion, the largest monthly decline since May 2025, weakening the case for a September Fed rate increase.
Treasury Sells $58 Billion in 3-Year Notes at 4.291%, Highest Since 2025
Treasury sold $58 billion of three-year notes at a 4.291 percent high yield on August 11, the highest since February 2025, yet demand was the strongest in nine months.