Analysts say US banks could suffer a massive flight of deposits if the Treasury goes ahead with a plan to restore cash balances by borrowing over a trillion dollars. JPMorgan analysts estimate the US will need to borrow $1.1 trillion in short-dated Treasury bills by the end of the year, reports the Financial Times. Analysts say The post US Treasury To Borrow $1,100,000,000,000 in Six Months, Analysts Warn Move May Trigger Banking Exodus: Report appeared first on The Daily Hodl .
