The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion. This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions by the end of the session Monday. What happened: The U.S. Treasury now expects to borrow $243 billion through the issuance of marketable debt securities, according to an official press release on Monday. That marks an increase of $41 billion from the prior estimates. In addition, the department provided an update on its Q1 activities, noting that it borrowed $748 billion in net marketable debt and concluded the ...