The US Department of the Treasury plans to raise the TGA balance to around $1 trillion.

BlockBeats News, June 8th, the U.S. Treasury Department plans to increase the Treasury General Account (TGA) balance to around $900 billion by the end of June and around $1 trillion by the end of July. Analysts believe that supplementing the TGA will drain liquidity from the financial system, while the current U.S. Reverse Repurchase Agreement (RRP) balance has dropped from a 2022 peak of over $2.5 trillion to less than $100 billion, potentially leading to future issuance of debt or further depletion of bank reserves, putting pressure on risk assets such as Bitcoin.